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Suppose you deposit 1700 cash into your checking account. by how much will the total money supply increase as a result when the required reserve ratio is 0.20

Suppose you deposit 1700 cash into your checking account. by how much will the total money supply increase as a result when the required reserve ratio is 0.20
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Suppose you deposit 1700 cash into your checking account. by how much will the total money supply increase as a result when the required reserve ratio is 0.20

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User Evil
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1 Answer

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The term fractional reserves refers toReserves being a fraction of total deposits
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User Shantanoo
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