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If the required reserve ratio is 0.2, and the central bank buys $3,000 of government securities, the maximum amount by which the money supply can
If the required reserve ratio is 0.2, and the central bank buys $3,000 of government securities, the maximum amount by which the money supply can increase is
Select one:
a. $2,000
b. $600
c. $1,500
d. $15,000
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