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The Fed prints $132 to buy Treasury securities from the banking system. Assume the requirement is 14.00%. Assume the full money multiplication process is at

The Fed prints $132 to buy Treasury securities from the banking system. Assume the requirement is 14.00%. Assume the full money multiplication process is at work. How much money is created by the banking system?

A. $132

B. $943

C. $811

D. $843

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