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Ims.gvsu.edu/ultra/courses/_426564_1/outline/assessment/_14427405_1/overview/attempt/_52974862_1?courseld=_426564_1 Google Docs & wight & Quiz 5 Form 1 3.26.... W pnc 3 OF 7 QUESTIONS REMAINING Banking System Assets Liabilities Reserves 150 Checkable

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Ims.gvsu.edu/ultra/courses/_426564_1/outline/assessment/_14427405_1/overview/attempt/_52974862_1?courseld=_426564_1 Google Docs & wight & Quiz 5 Form 1 3.26.... W pnc 3 OF 7 QUESTIONS REMAINING Banking System Assets Liabilities Reserves 150 Checkable Deposits 950 Loans 900 Borrowing from Fed 200 Securities 100 Federal Reserve Bank Assets Liabilities Securities 500 Currency in Circulation 550 Loans to Financial Inst. 200 Reserves 150 Based on the balance sheet for the entire banking system, how much could the money supply increase if the banks lend out all their excess reserves (assuming a 10% reserve requirement)? Do not include the $ in your answer. Add your answer Integer, decimal, or E notation allowed

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