Suppose that Deja owns a McDonald's franchise. She decides to move her restaurant's checking account to Wells

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Suppose that Deja owns a McDonald's franchise. She decides to move her restaurant's checking account to Wells Fargo, which causes the changes shown on the following T-account. If the required reserve ratio is 0.10, or 10 percent, and Wells Fargo currently has no excess reserves, what is the maximum loan Wells Fargo can make as result of this transaction?
Wells Fargo Liabilities +$100,000 Assets Reserves +$100,000 Deposits
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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