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The level of bank deposits is $8938 and the banks hold $952 in required reserves and $574 in excess reserves. If the Fed introduces

The level of bank deposits is $8938 and the banks hold $952 in required reserves and $574 in excess reserves.

The level of bank deposits is $8938 and the banks hold $952 in required reserves and $574 in excess reserves. If the Fed introduces $100 worth of new reserves in the economy, by how much will the money supply increase?

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