When $100 is deposited in the banking system, it leads to maximum expansion in bank deposits of $1,000.  What is the required reserve ratio assuming that the excess reserves are 0   Question 7 options:   10%   5%   0%   20%

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
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When $100 is deposited in the banking system, it leads to maximum expansion in bank deposits of $1,000.  What is the required reserve ratio assuming that the excess reserves are 0
 

Question 7 options:

 
10%
 
5%
 
0%
 
20%
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