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Author Question: Banks and the Creation of MoneyYour bank has liabilities of $38 million and net worth of $8 million. ... (Read 10 times)

booty5

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on: Nov 23, 2022

Question 1

Banks and the Creation of Money

Suppose you deposit $1000 of currency into your checking account at your bank and the required reserve ratio (RR) is 10%. As a result of your deposit, your bank can make a maximum loan of ________.
◦ $100
◦ $10,000
◦ $1000
◦ $900

Question 2

Banks and the Creation of Money

Your bank has liabilities of $38 million and net worth of $8 million. Your bank's assets are ________.
◦ $30 million
◦ $8 million
◦ $46 million
◦ $38 million
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by booty5 on Nov 23, 2022

viper01

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Reply #1 on: Nov 23, 2022
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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booty5

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Reply 2 on: Nov 23, 2022
Excellent

Chelseyj.hasty

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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