Business, 13.11.2019 02:31, luthfipadasseri

You take $150 you had kept under your mattress and deposit it in your bank account. suppose this $150 stays in the banking system as reserves and banks hold reserves equal to 12.5 percent of deposits. the total amount of deposits in the banking system increases and the money supply increases

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You take $150 you had kept under your mattress and deposit it in your bank account. suppose this $15...