The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money - creating potential of the entire banking system is $6,000. $8,000. $4,000. $10,000.
The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money - creating potential of the entire banking system is $6,000. $8,000. $4,000. $10,000.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 4WNG
Question
Transcribed Image Text:The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money
- creating potential of the entire banking system is $6,000. $8,000. $4,000. $10,000.
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