If the required reserve ratio is 10%, how much of a new $10,000 deposit can a bank

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If the required reserve ratio is 10%, how much of a new $10,000 deposit can a bank lend? What is the potential impact on the money supply?

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Financial Markets And Institutions

ISBN: 978-0132136839

7th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: Nov 12, 2012 01:10 AM

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If the required reserve ratio is 10%, how much of a new $10,000 deposit can a bank

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The bank must retain 10000 10 or 1000 of the new deposit Th...View the full answer

Financial Markets And Institutions

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