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A w At start First round Second round Third round 5 Deposit = 1 / (1+cr) 18.461.538.461 560.000.000 6 Reserve fund = 1*rr 2.769.230.769 84.000.000

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A w At start First round Second round Third round 5 Deposit = 1 / (1+cr) 18.461.538.461 560.000.000 6 Reserve fund = 1*rr 2.769.230.769 84.000.000 Loans = deposit - reserved fund 15.692.307.692 476.000.000 8 Cash = 1 - (1/(1+cr)) 9.230.769.231 280.000.000 9 Aukning = innlan + reidufe 27.692.307.692 840.000.000 10 11 12 13 Money multipler 2,3077 14 Base Capital at Central Bank 12.000.000.000 15 Increase of base capital 27.692.307.692 16 17 18 Base capital 12.000.000.000 19 Increase of 7% 0,07 20 Increase in currency 840.000.000 21 22 The amount of money in circulation increases in currency 1.938.461.538 23 24

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