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In a fractional reserve banking system, if the required reserve ratio is 0.2, then an initial deposit of 900 will ultimately expand deposits by how
In a fractional reserve banking system, if the required reserve ratio is 0.2, then an initial deposit of 900 will ultimately expand deposits by how much?
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Basic Economics
Authors: Frank V. Mastrianna
16th edition
1111826641, 978-0357706664, 978-1111826642
