10. What will be the increase in total deposits in the whole banking system following a new...

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10. What will be the increase in total deposits in the whole banking system following a new deposit of $2000 into the XYZ bank in each of the following circumstances?

a) a target reserve ratio of 20 percent

b) a target reserve ratio of 5 percent

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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