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The reserve ratio of country Alpha is 15%. John makes a bank deposit $1500 in Bank Gamma Show how the bank reserves, bank deposits and

The reserve ratio of country Alpha is 15%. John makes a bank deposit $1500 in Bank Gamma

Show how the bank reserves, bank deposits and amount of loans in the economy will change after 3 rounds of loans are given out by Bank Gamma
What is the value of the money multiplier?
By how much will the money supply change in the economy?

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