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3 years ago

5

You decide to take $400 out of your piggy bank at home and place it in the bank. If the reserve requirement is 2 percent, how mu

ch can your $400 increase the amount of money in the economy?

Advanced Placement (AP)

1 answer:

serg [7]3 years ago

5 0

It can increase twice the the amount of the money placed in the bank.

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