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Hudson Bank has a reserve ratio of 16% and $10 million issued in deposits. Enter your responses below rounded to a whole number If the
Hudson Bank has a reserve ratio of 16% and $10 million issued in deposits. Enter your responses below rounded to a whole number If the bank's actual reserves are $2,000,000 then its excess reserves are $ d. The money multiplier in this banking system is When Hudson Bank lends out its excess reserves, it launches a process that leads to the banking system increasing the money supply by a final amount of
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