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Consider the following balance sheet for TD. Suppose that TD is a typical bank and keeps only the required reserves. Given this data, what is

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Consider the following balance sheet for TD. Suppose that TD is a typical bank and keeps only the required reserves. Given this data, what is the money multiplier? Hint Consider the following balance sheet for Wells Fargo. Suppose that Wells Fargo is a typical bank and keeps only the required reserves. In addition, suppose that someone deposited $400. Given this data, what is the total change in the M1 Money Supply? Hint Consider the following balance sheet for Citi. Suppose that someone deposited $200 at Citi. Given this data, what is the maximum amount by which the money supply will increase? Hint

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