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Table HW 10-3 Bank of Tampa Assets Liabilities Reserves $100 Deposits $1,000 Loans $900 17. Refer to Table HW 10-3. If the Bank of Tampa

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Table HW 10-3 Bank of Tampa Assets Liabilities Reserves $100 Deposits $1,000 Loans $900 17. Refer to Table HW 10-3. If the Bank of Tampa has loaned out all the money it wants given its deposits, then its reserve ratio is a. 1% b. 5% C. 10% d. 20% 18. If the reserve ratio is 5%, what is the money multiplier? a. 5 b. 20 C. 15 d. 10 If the reserve ratio is 5%, an initial deposit of $2000 will create how much money supply? a. $10,000. b. $40,000. C. $30,000. d. $20,000. 20. If the money multiplier is 33, it means a. every one dollar in an initial deposit creates $16.50 in money supply. b. every one dollar in an initial deposit creates $33 in money supply. C. every one dollar in an initial deposit creates $3.30 in money supply. d. every one dollar in an initial deposit creates $330 in money supply

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