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Mashcka [7]
3 years ago
8

Please please help WILL GIVE BRAINALIST

German
1 answer:
LuckyWell [14K]3 years ago
3 0
29.80. hdjdnfnejdhehehehbebebe
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Reagan deposited $1,000 into Regions Bank. If the Reserve Requirement is 10%, how much “new” money has been created due to Reaga
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According to the information, it can be inferred that the new money created is equivalent to $9,000.

<h3>How to calculate the money that has been created during Reagan's deposit?</h3>

To calculate the new money that has been created during the Reagan deposit we must perform the following mathematical procedure:

We multiply the deposit amount by 0.1

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