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Assume that the following data describe the condition of the banking system: TotalReserves:$90 billion Transactionsdeposits:$900 billion Cash held bypublic:$100 billion Given the reserve ratio, how

Assume that the following data describe the condition of the banking system:

TotalReserves:$90 billion

Transactionsdeposits:$900 billion

Cash held bypublic:$100 billion

Given the reserve ratio, how large would the money supply be if the banks fully utilized their lending capacity?

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