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bled: Assessment 3 (Chapter... Consider a country where all money is currently held as cash and the money supply has a value of $5,000, A
bled: Assessment 3 (Chapter... Consider a country where all money is currently held as cash and the money supply has a value of $5,000, A banking system is developed, and the residents of the country deposit the $5,000 of cash into the banking system and decide they no longer want to hold any cash. If the reserve ratio is equal to 10%, how much can the $5,000 increase the amount of money In the economy The money supply in the economy will be equal to $ The banking system has the ability to create $ of new money
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