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It is given that excess reserves of a charted bank are $128890 and the desired ratio is 20%. Maximum demand deposit creation by the charted
It is given that excess reserves of a charted bank are $128890 and the desired ratio is 20%.Maximum demand deposit creationby the charted bank will be
A.$654504
B.$151584
C.$644450
D.$144480
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
