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2. State the combined quantity of money all the banks in multi-bank banking system will be able to create, if one bank is capable of

2. State the combined quantity of money all the banks in multi-bank banking system will be able to create, if one bank is capable of creating money a quantity of money equal to the size of the Excess Reserves.

The combined quantity of money that can created by all the banks in a multi-bank banking system will equal

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