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Suppose the banking system has $100,000 in oustanding deposits

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Subject: Accounting
Due on: 11/14/2017
Posted On: 11/14/2017 06:11 AM

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Suppose the banking system has $100,000 in oustanding deposits and actual reserves of $35,000. If the required reserve ratio is 20 percent, the maximum amount the banking system can add to the money supply is?

Tags deposits oustanding 0 banking suppose banking ratio reserve percent money supply required maximum 0 oustanding 1 deposits actual reserves suppose

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Suppose the banking system has $100,000 in outstanding deposits

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