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Mary V deposits $100,000 in her bank, Bank A.If the Required Reserve Ratio is 1/10, and Bank A had no excess reserves to start with,
Mary V deposits $100,000 in her bank, Bank A.If the Required Reserve Ratio is 1/10, and Bank A had no excess reserves to start with, how much can it now lend out?
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Macroeconomics
Authors: Charles I. Jones
1st Edition
978-0393926385, 0393926389
