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Author Question: Reserves, Deposits and the Money MultiplierSuppose you deposit $9000 of currency into your checking ... (Read 36 times)

parker123

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Question 1

Reserves, Deposits and the Money Multiplier

Suppose you deposit $7000 of currency into your checking account at your bank and the required reserve ratio (RR) is 25%. As a result of your deposit, your bank's reserves immediately increase by ________.
◦ $28,000
◦ $280
◦ $1750
◦ $7000

Question 2

Reserves, Deposits and the Money Multiplier

Suppose you deposit $9000 of currency into your checking account at your bank and the required reserve ratio (RR) is 2%. As a result of your deposit, your bank's required reserves increase by ________.
◦ $180
◦ $4500
◦ $450,000
◦ $9000


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Marked as best answer by parker123 on Nov 23, 2022

heathercab

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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parker123

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


T4T

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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