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Total checkable deposits at Bank XYZ grow by $ 1000000 because of this deposit from the broker. Bank XYZ is now required to hold an
Total checkable deposits at Bank XYZ grow by $ 1000000 because of this deposit from the broker. Bank XYZ is now required to hold an additional $ 200000 as required reserves due to this $1,000,000 deposit into checking account and can now lend an additional $ due to this $1,000,000 deposit into a checking account 1000000 800000 200000
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
