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Please HElp Question 37 5 pts Assume the required reserve ratio is 17%, the amount of deposits in a bank are $1,249, and the bank
Please HElp
Question 37 5 pts Assume the required reserve ratio is 17%, the amount of deposits in a bank are $1,249, and the bank is holding $593 in reserves. What is the maximum amount of additional loans this bank can make? Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.97? you would enter 5678.98. Question 38 5 pts If the required reserve ratio is 13%, what is the value of the simple deposit multiplier? Please round to 2 decimal places. Question 39 5 pts If the required reserve ratio is 12% and you deposit $833 of cash into a bank, what is the maximum amount the money supply could increase by? Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.97? you would enter 5678.98. Question 40 5 pts If the required reserve ratio is 16% and you deposit $603 of cash into a bank, what is the maximum amount the total deposits could increase by? Please round to two decimal places and do not include the dollar sign. For example, if your answer is $5678.97? you would enter 5678.98Step by Step Solution
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