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The total amount of real deposits in an economy, H, is equal to 20,000. The reserve requirement is equal to 20%. The Central Bank offers
The total amount of real deposits in an economy, H, is equal to 20,000. The reserve requirement is equal to 20%. The Central Bank offers banks to obtain 25% of reserves as a loan from the central bank. How large are total liabilities of commercial banks in this economy? Question 12 options: 21,000 20,100 25,000 24,000
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