Asap... Suppose you found $10 000 while digging in your backyard and you deposited it in the bank. How would your new demand deposit account create a situation of excess reserves at your bank?

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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Asap... Suppose you found $10 000 while digging in your backyard and you deposited it in the bank. How would your new demand deposit account create a situation of excess reserves at your bank?
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