janettezamjay janettezamjay
  • 14-04-2017
  • Mathematics
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Assume the reserve requirement is 10%. First National Bank receives a deposit of $5,400. If there is no slippage, how much could the money supply expand

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Horselover2290
Horselover2290 Horselover2290
  • 14-04-2017
it would be 54,000 hope this helps
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