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Use the following T-account for the chartered bank in Canada. The reserve ratio is 4%. Assume that no one holds cash Assets Liabilities Reserves 10000

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Use the following T-account for the chartered bank in Canada. The reserve ratio is 4%. Assume that no one holds cash Assets Liabilities Reserves 10000 Demand Deposits 50 000 Loans 25000 Bonds 15000 What is the overall change in the money supply when all of the money is loaned out? ***You just need to put the number in your answer, no units or commas***

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