Question
Use the information in the table below to answer the question. Bank Deposit Reserve requirement at 20% Loan ABC Bank 100 000 20 000 80
Use the information in the table below to answer the question.
Bank Deposit Reserve requirement at 20% Loan
ABC Bank 100 000 20 000 80 000
The total money supply created by the deposit from ABC Bank is?
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Understanding Business
Authors: William NickelsJames McHughSusan McHugh
12th Edition
1259929434, 9781259929434
