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The following shows the balance sheet of Bank ABC. AssetsRM million LiabilitiesRM million Reserve1200 Deposits8000 Loans6800 Total8000 Total8000 Calculate: a) The percentage of cash ratio
The following shows the balance sheet of Bank ABC.
AssetsRM million
LiabilitiesRM million
Reserve1200
Deposits8000
Loans6800
Total8000
Total8000
Calculate:
a) The percentage of cash ratio
b) The value of the money multiplier
c) Total credit creation
d) Total money supply
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