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help please 1. Suppose the banking system in an economy looks like this after an open market operation: ASSETSLIABILITIES Reserves $23 | DD $10B Loans

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1. Suppose the banking system in an economy looks like this after an open market operation: ASSETSLIABILITIES Reserves $23 | DD $10B Loans $4B | Bonds $43 | and the reserve requirement is 10%. If banks never hold any excess reserves, and people never hold any cash in their pocket, how much would the money supply increase? Suppose banks always keep excess reserves of 2% of their demand deposits. How much would the money supply increase in that case

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