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Assume that Bank One receives a primary deposit of $200,000. The bank must keep 20% against its deposits. What is the maximum deposit expansion? $
Assume that Bank One receives a primary deposit of $200,000. The bank must keep 20% against its deposits. What is the maximum deposit expansion?
| $ 400,000 | ||
| $ 40,000 | ||
| $ 800,000 | ||
| $ 160,000 |
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Principles Of Project Finance
Authors: E.R. Yescombe
1st Edition
0127708510, 978-0127708515
