Question: Assuming that the banking system is all loaned up. Based on your above answer, given an increase in checkable deposits of $10 billion, how much
Assuming that the banking system is "all loaned up". Based on your above answer, given an increase in checkable deposits of $10 billion, how much money could the banking system potentially create?
Group of answer choices
$0only the Fed can create money (by "printing it")
12.5 billion
$40 billion
$50 billion
$20 billion
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