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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 9
If reserves increase by $2 million and the required reserves ratio is 10 percent, what is the maximum change in checkable deposits?
Explanation
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The Federal Reserve System can influence...
Macroeconomics 10th Edition by Roger Arnold
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