What will be the maximum impact on money supply today, Macroeconomics

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What will be the maximum impact on money supply today

Problem

Suppose you have $12,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for future use. If the required reserve ratio is 10%, then what will be the maximum impact on money supply today as a result of your action?

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Macroeconomics: What will be the maximum impact on money supply today

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Macroeconomics: What will be the maximum impact on money supply today

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