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Check my work The Bank of Canada sells a 52 000 bond to a member of the public when the reserve ratio in the banking
Check my work The Bank of Canada sells a 52 000 bond to a member of the public when the reserve ratio in the banking system is 4% Do not Include cents or minus signs in your answers. a. The bond buyer's bank deposit decreases by s 2000 by Desired reserves at the bond buyer's bank decrease by S C. Excess reserves at the bond buyer's bank decrease bys 1920 The maximum change in the money supply is an) decrease orS 500
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