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I want to know the answer to the following question, thank you. d. Now review all of the above 3 transactions, asking yourself these three
I want to know the answer to the following question, thank you.
d. Now review all of the above 3 transactions, asking yourself these three questions: (1) What change, if any, took place in the money supply as a direct and immediate result of each transaction? (2) What increase or decrease in chartered banks' cash reserves took place in each transaction? (3) Assuming a desired reserve ratio of 20 percent, what change in the money-creating potential of the chartered banking system occurred as a result of each transaction? Transection a: : 1. The money supply (Click to select: 2. Reserves (Click to select)' from $34 to S 3. Money-creating potential (Click to select)' by S Transection b: billion. billion. : 1. The money supply (Click to select: ' by S billion. 2. Reserves (Click to select) from $34 to S 3. Money-creating potential (Click to select) Transection c: : 1. The money supply (Click to select: 2. Reserves (Click to select) from $34 to S 3. Money-creating potential (Click to select) by S by S billion. billion. billion. billion.
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