3. LO13-2A bank has $1000 in deposits and the required reserve ratio is 10 percent. Based on...

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3. LO13-2A bank has $1000 in deposits and the required reserve ratio is 10 percent. Based on this information

(a) Enter the appropriate values in the T-account.

(b) Calculate the potential total deposit creation of the bank.

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Related Book For  book-img-for-question

The Macro Economy Today

ISBN: 9781264370580

15th Edition

Authors: Bradley R. Schiller; Karen Gebhardt

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