Cash Withdrawals and Changes in the Money Supply. If a customer withdrew $2,000 in cash from a

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Cash Withdrawals and Changes in the Money Supply. If a customer withdrew $2,000 in cash from a bank and the reserve ratio was 0.2, by how much could the supply of money eventually be reduced?

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Macroeconomics Principles Applications And Tools

ISBN: 9780132948876

8th Pearson New International Edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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