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If the reserve requirement for demand deposits is 10 percent, what is the maximum change in the money supply that the banking system can create
If the reserve requirement for demand deposits is 10 percent, what is the maximum change in the money supply that the banking system can create if a. the Federal Reserve puts $1,000,000 of new reserves in the banking system b.$1,000,000 in cash is deposited in checking accounts c. IBM borrows $1,000,000 from an insurance company?
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