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Suppose banks currently have $ 3 0 0 million in reserves and the reserve requirement is 1 0 % . Suppose the reserve requirement is
Suppose banks currently have $ million in reserves and the reserve requirement is Suppose the reserve requirement is now reduced to What is the total change in bank deposits ie the total change in money supply due to the decrease in the reserve requirement? Multiple Choice $ million $ million $ million $ million
Suppose banks currently have $ million in reserves and the reserve requirement is Suppose the reserve requirement is now reduced to What is the total change in bank deposits ie the total change in money supply due to the decrease in the reserve requirement?
Multiple Choice
$ million
$ million
$ million
$ million
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