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If a bank's deposits equal RM800 million and the required- reserve ratio is 2%, calculate the bank's required reserves. If the central bank creates RM20
- If a bank's deposits equal RM800 million and the required- reserve ratio is 2%, calculate the bank's required reserves.
- If the central bank creates RM20 million in new reserves, calculate the maximum change in demand deposits that can occur if the required-reserve ratio is 10% ?
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
