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If the reserve ratio is and the central bank increases the quantity of reserves in the banking system by $120, the money supply increases by
If the reserve ratio is and the central bank increases the quantity of reserves in the banking system by $120, the money supply increases by __________. a. $90 b. $150 c. $160 d. $480
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
1st edition
978-0137036059, 133379094, 321566440, 137036051, 9780133379099, 978-0321566447
