If the total deposits of the banking system are 400 billion
If the total deposits of the banking system are $400 billion, how much money could these reserves support if the required reserve ratio is 0.20, banks hold no excess reserves?
A. $400 billion
B. $1,200 billion
C. $1,600 billion
D. $2,000 billion
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if the total deposits of the banking system are 400 billion how much money could these reserves support if the required
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