SophiaPretty

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Category > Business & Finance Posted 05 Sep 2017 My Price 5.00

If the reserve requirement is 10 percent

If the reserve requirement is 10 percent and a monetary expansion increases excess reserves by $5 million, the total change in the money supply after all rounds of lending are completed is:

A) 5 million

B) 50 million

Answers

SophiaPretty
(5)
Status NEW Posted 05 Sep 2017 08:09 AM My Price 5.00

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