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Assume the following information for the entire banking system: Required Reserves Ratio =25% Currency held outside of the banking system = 1,200 Deposits = 1,100b

Assume the following information for the entire banking system: Required Reserves Ratio =25% Currency held outside of the banking system = 1,200 Deposits = 1,100b Total Loans for the entire banking system equal 1,100b 825b None of these answers is correct 1,200b 100b

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