Assuming a 25 reserve ratio that all banks lend all excess


Suppose Dennis deposits $750 that he found floating down to the earth from the sky into the financial system. Assuming a 25% reserve ratio, that all banks lend all excess reserves, and that all loans are redeposited into the banking system, how much money will be created by Dennis's act?

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Basic Computer Science: Assuming a 25 reserve ratio that all banks lend all excess
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