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Sean receives $2,500 in cash and deposits the funds into his checking account. $2,500.00 $ $ Sean's bank loans Maria all reserves that are not

Sean receives $2,500 in cash and deposits the funds into his checking account. $2,500.00 $ $ Sean's bank loans Maria all reserves that are not required to be held. Maria's bank loans Jackson all reserves that are not required to be held. Jackson's bank loans Paul all reserves that are not required to be held. Total Money Created by Transactions

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the total money created by the transactions is 2500 Heres a breakdown of the events Sean deposits 25... blur-text-image

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