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July 5, 2015

Homework Help: Economics

Posted by Chris on Sunday, October 4, 2009 at 5:25pm.

Help solving this question, please help me on how to do it. Don't give me the answer...

If the banking system has $15,000 of total reserves and a reserve requirement of 20%, the money supply can reach a maximum of

$30,000.
$65,000.
$75,000.
$150,000.

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