=+round 1.) How does your answer compare to an economy in which the total amount of the

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=+round 1.) How does your answer compare to an economy in which the total amount of the loan is deposited in the banking system and the public doesn’t hold any of the loan in currency?

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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Question Posted: Oct 08, 2024 08:00 AM

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=+round 1.) How does your answer compare to an economy in which the total amount of the loan is deposited in the banking system and the public doesnt hold any of the loan in currency?
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=+that can be loaned out. However, since the public wants to hold 50% of the loan in currency, only $400 x 0.5 = $200 of the loan will be deposited in round 2 from the loan granted in
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=+round 1.) How does your answer compare to an economy in which the total amount of the

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Economics

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