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BSW Bank currently has $ 1 5 0 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserve requirement

BSW Bank currently has $150 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserve requirement at 10% of transaction deposits. It only has loans, reserves, and transaction deposits on its balance sheet.
If the Federal Reserve reduces the reserve requirement to 9%. How much will the bank then have in transaction deposits after including the impact of the money multiplier? Please express your answer in millions of dollars.

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