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Suppose the currency-deposit ratio is 0.2 and the reserve-deposit ratio in 0.25. Further assume that banks raise funds only via checking accounts. Calculate the money

Suppose the currency-deposit ratio is 0.2 and the reserve-deposit ratio in 0.25. Further assume that banks raise funds only via checking accounts. Calculate the money supply (currency + deposits) and loans when $100 is deposited into a checking account.

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