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15. In a deposits-only monetary system with a 2.5% required reserve ratio, a bank deposit of $1,000 will increase the total amount of bank deposits
15.
In a deposits-only monetary system with a 2.5% required reserve ratio, a bank deposit of $1,000 will increase the total amount of bank deposits by:
A)
$5,000.
B)
$10,000.
C)
$20,000.
D)
$40,000.
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