Question
Assuming a 10% reserve requirement, an average bank excess reserve of 5% and 50 million GHC increase in reserves, explain with the aid of a
Assuming a 10% reserve requirement, an average bank excess reserve of 5% and 50 million GHC increase in reserves, explain with the aid of a table how deposits and loans can be created across banks (using 5 banks).
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
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