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Suppose the public does not hold currency. Their money is only held as deposits in their banks. Moreover, the central bank requires banks to maintain

Suppose the public does not hold currency. Their money is only held as deposits in their banks. Moreover, the central bank requires banks to maintain a reserve-deposit ratio of 10%. What will be the change in the total money supply if the central bank sells $5 million of government bonds to the public who uses their money to pay for these bonds?

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