Question
Amy earned $500 from selling ice cream over the summer. When she deposits this money into her bank which has a desired reserve ratio of
Amy earned $500 from selling ice cream over the summer. When she deposits this money into her bank which has a desired reserve ratio of 5%, this will lead to a potential increase in loans equal to what amount?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
