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Cumulative deposits = money multiplier* deposit bank A, deposit bank A*(1-res req) = deposit bank B Cumulative deposits = money multiplier * deposit bank A,deposit

Cumulative

deposits = money multiplier* deposit bank A, deposit bank A*(1-res req) = deposit bank B

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Cumulative deposits = money multiplier * deposit bank A,deposit bank A*(1-res req) = deposit bank B $1600 1/.25 400 400 1-.25 300 2500 1/.2 500 500 1-.2 400 900 1/.333 300 300 1-.333 200 1/. 1 1-.1 45 4000 1/.05 1-.05 - 800 800 1 -. _ 380 320 1/.25 1-.25 - - 375 1/.2 - 1 -. _ 240 1/._ 80 - 1 - . _ - 1/ ._ 200 200 1-._ 180 1/._ 1-.05 285 100 1/._ 1-. 24 Answers: .05.1 .1.2.25.25 .4 .4 .4 .4 40 40 45 50 50 80 60 80 75 75 80 80 190 200 200 300 300 500 1500 2000 8000

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