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Author Question: Reserves, Deposits and the Money MultiplierSuppose you deposit $8000 of currency into your checking ... (Read 17 times)

jenniferbaugh1984

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on: Nov 23, 2022

Question 1

Reserves, Deposits and the Money Multiplier

Suppose you deposit $3000 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 excess reserves increase by ________.
◦ $12,000
◦ $2250
◦ $3000
◦ $750

Question 2

Reserves, Deposits and the Money Multiplier

Suppose you deposit $8000 of currency into your checking account at your bank and the required reserve ratio (RR) is 2%. As a result of your deposit, checking account deposits in the banking system as a whole (including your original deposit) could eventually increase up to a maximum of ________.
◦ $8000
◦ $400,000
◦ $7840
◦ $200,000
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by jenniferbaugh1984 on Nov 23, 2022

Jim457

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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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jenniferbaugh1984

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

meow1234

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Reply 3 on: Yesterday
:D TYSM

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