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You take $100 you had kept under your mattress and deposit it in your bank account. If this $100 stays in the banking system as reserves and if banks hold reserves equal to 10 percent of deposits, by how much does the total amount of deposits in the banking system increase

User GabrielBB
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1 Answer

22 votes
22 votes

Answer:

Step-by-step explanation:

its there

You take $100 you had kept under your mattress and deposit it in your bank account-example-1
User Olivictor
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