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a. The amount of excess reserves is $ b. The maximum amount that loans and deposits could be increased by is $ c. Assume that
a. The amount of excess reserves is $ b. The maximum amount that loans and deposits could be increased by is $ c. Assume that the system becomes fully loaned up. Show the new balance sheet in the table above. d. Now that the system is fully loaned up, the money supply will have increased by $ Step by Step Solution
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Accounting Understanding And Practice
Authors: Robert Perks
3rd Edition
0077124782, 9780077124786
