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1. Explain the structure and workings of the U.S. banking system. 2. Briefly explain the process of money (deposit) expansion by commercial banks. 3. What

1. Explain the structure and workings of the U.S. banking system.

2. Briefly explain the process of money (deposit) expansion by commercial banks.

3. What is the relationship between the reserve ratio and the size of the money multiplier?

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