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Maximum change in the money supply

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Suppose John deposits 20 million into his checking account, if the reserve requirement ratio is .1, what is the maximum change in the money supply?

Reference no: EM132202094

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Maximum change in the money supply : Suppose John deposits 20 million into his checking account, if the reserve requirement ratio is .1, what is the maximum change in the money supply?
Maximum change in the money supply : Suppose John deposits 20 million into his checking account, if the reserve requirement ratio is .1, what is the maximum change in the money supply?
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