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Kazeer [188]
4 years ago
14

After saving money in his piggy bank for three years, omar decided to deposit $2,500 of the money in the local bank. if the bank

were fully loaned out and the reserve requirement was 20 percent, then the change in the dollar value of the total money supply would be
Business
1 answer:
Serggg [28]4 years ago
8 0

If 20% of the deposits are used as a bank reserve, that means that only $ 500 stays in the bank's coffers while the remaining, that is, $ 2000 goes to the money supply, and begins to circulate as loans or any other banking product. The money supply is measured from the monetary aggregates.
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bekas [8.4K]

Answer:

The summary of the matter in question is mentioned throughout the subsection below.

Explanation:

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4 years ago
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Answer:

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The computation of the production cost in dollars is shown

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8 0
4 years ago
When making financial decisions, it is important that you critically evaluate the source.
svetoff [14.1K]
Hello,

Here is your answer:

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Your answer is A.

If you need anymore help feel free to ask me!

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7 0
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