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scoundrel [369]
3 years ago
12

Assume the reserve requirement is 10%. First National Bank receives a deposit of $5,400. If there is no slippage, how much could

the money supply expand
Mathematics
1 answer:
Fantom [35]3 years ago
3 0
It would be 54,000 hope this helps
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3 years ago
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1.17

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