Calculate the total amount of money that the bank can create
Problem
With the aid of a T- account show how a a commercial bank which has a total of BWP 15000 in deposit can create money, calculate the total amount of money that the bank can create given the reserve requirement is 14%.
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With the aid of a T- account show how a a commercial bank. Calculate the total amount of money that the bank can create given the reserve requirement is 14%.
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