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You deposit $100 in your bank. The bank is required to hold 90% of all such deposits. Walk me through the process of your bank
You deposit $100 in your bank. The bank is required to hold 90% of all such deposits. Walk me through the process of your bank "creating" money. Go through at least three transactions - including the numbers. Show your work and explain.
This is for my general economics class, please help me out! Thank you!!
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