Question
a central bank injects 1000 billion dollars into the banking system. suppose that the reserve ratio i is 1% and the physical currency holding rate
a central bank injects 1000 billion dollars into the banking system. suppose that the reserve ratio "i" is 1% and the physical currency holding rate "c" is 1%, what will be the sum loaned during the 3rd wave of loan?
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International Management Culture, Strategy and Behavior
Authors: Fred Luthans, Jonathan Doh
10th edition
1259705072, 1259705076, 978-1259705076
