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Moving to the next question prevents changes to this answer Question 1 Banks in Burul have a desired reserve ratio of 17% of deposits and
Moving to the next question prevents changes to this answer Question 1 Banks in Burul have a desired reserve ratio of 17% of deposits and no excess reserves. Households want to keep 49% of their money as currency. Now suppose that the Central Bank increas $156 billion. How much of the initial amount lend flows back to the banking system as new deposits? Moving to the next question prevents changes to this answer Close Window Question 1 of 23 reserves. Households want to keep 49% of their money as currency. Now suppose that the Central Bank increases the monetary base by 2 points Save Answer my deposits? Question 1 of 23 Close Window d) ENG 1205 PM 27-Apr-21
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