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Consider the following balance sheet for Capital One. Assets Liabilities Reserves 99 Deposits 1100 Loans 1001 Suppose that Capital One is a typical bank and

Consider the following balance sheet for Capital One.

Assets		Liabilities
Reserves	99	Deposits	1100
Loans	1001

Suppose that Capital One is a typical bank and keeps only the required reserves. In addition, suppose that someone deposited $500.

Given this data, what is the total change in the M1 Money Supply?

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