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Consider the following aggregated t-table for the banking system of Tycho: Presume the current reserve ratio is the banks target reserve ratio Assets Liabilities Reserves:

Consider the following aggregated t-table for the banking system of Tycho: Presume the current reserve ratio is the banks target reserve ratio Assets Liabilities Reserves: Deposits: 104 Loans: 81 If the people of Tycho have a currency ratio of 0.03. The financial intermediaries of Tycho decide to decrease their Target Reserve Ratio by 200bps Compute the change in the money supply due to this decision

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