Business
Business, 07.12.2019 01:31, dbanks701

Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. if
the bank lends the maximum amount of money allowed, then the checkable deposits
(including the original deposit) increase by:
a) $20
b) $100
c) $500
d) $1,000

answer
Answers: 3

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Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. if
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