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6- Suppose the required reserve ratio is 20%. What is the maximum amount of total money supply that can be created from an initial deposit
6- Suppose the required reserve ratio is 20%. What is the maximum amount of total money supply that can be created from an initial deposit of $300? In general, why might the actual amount of total money creation be less than the maximum? 7- Draw a simple T-account for First National Bank which has $6,000 of deposits, a required reserve ratio of 15 percent, and excess reserves of $200. Make sure your balance sheet balances
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