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ntermediaries: receives $20 million dollars in new deposits and has a 10% reserve requirement. cate the way this transaction will be recorded on its balance

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ntermediaries: receives $20 million dollars in new deposits and has a 10% reserve requirement. cate the way this transaction will be recorded on its balance sheet and on the balance sheets of the next two banks that stand to benefit from the $20 million dollars in new deposits. Also, what is the total amount of new money that will be created as a result of this new $20 million A) A bank Indi

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