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Suppose the required reserve ratio is 8% and the fed purchases $100 million worth of treasury bills from wells fargo. by how much is wells fargo able to increase its loans

Suppose the required reserve ratio is 8% and the fed purchases $100 million worth of treasury bills from wells fargo. by how much is wells fargo able to increase its loans
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Suppose the required reserve ratio is 8% and the fed purchases $100 million worth of treasury bills from wells fargo. by how much is wells fargo able to increase its loans

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User Gianluca Casati
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8 million
hope this helped
answered
User Indraneel Bende
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