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Suppose that the required reserve ratio is 80 percent and you withdraw $170000 from Comerica Bank. a. What is the deposit multiplier? b. What is

Suppose that the required reserve ratio is 80 percent and you withdraw $170000 from Comerica Bank.

a. What is the deposit multiplier?

b. What is the total decrease in deposits in the banking system?

c. What is the change in the money supply?

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