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3. Suppose the reserve ratio changes from 10% to 20%, with all else unchanged and banks fully loaned out. Does the money supply in the
3. Suppose the reserve ratio changes from 10% to 20%, with all else unchanged and banks fully loaned out. Does the money supply in the economy increase or decrease? Why?
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
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