What is the size of the bank deposit multiplier, Microeconomics

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What is the size of the bank deposit multiplier

Problem

If all banks in a particular economy maintain a ratio of 121/4 per cent

(i) What is the size of the bank deposit multiplier?

(ii) What is the maximum increase in total deposits following an initial deposit of .C1000?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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