If reserves increase by $2 million and the required reserve ratio is 8 percent, then what is the maximum change in checkable deposits? If reserves increase by $2 million and the required reserves...



If reserves increase by $2 million and the required


reserve ratio is 8 percent, then what is the maximum


change in checkable deposits?



If reserves increase by $2 million and the required


reserves ratio is 10 percent, then what is the maximum


change in checkable deposits?



May 26, 2022
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