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Social Studies, 05.11.2019 18:31, unknown337
The federal reserve has set a 10% reserve ratio on all deposits. - abc spellman company deposits $100,000 into itsa bank. -itsa bank then loans the maximum allowable amount to company b bugle, inc. -company b bulge, inc. deposits its full loan into that there bank. due to the multiplier effect, what is the maximum amount that there bank could loan out? a) $100,000 b) $81,000 c) $90,000 d) $90,900
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The federal reserve has set a 10% reserve ratio on all deposits. - abc spellman company deposits $10...
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