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If a bank's required reserve ratio is 10%, an initial injection of $2,000 would increase the overall money supply by up to: a. $200 b. $2,000 c. $10,000 d. $20,000

If a bank's required reserve ratio is 10%, an initial injection of $2,000 would increase the overall money supply by up to: a. $200 b. $2,000 c. $10,000 d. $20,000
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If a bank's required reserve ratio is 10%, an initial injection of $2,000 would increase the overall money supply by up to:

a. $200

b. $2,000

c. $10,000

d. $20,000

asked
User Werenskjold
by
7.8k points

1 Answer

2 votes

Answer:

A

Step-by-step explanation:

10% of the initial injection

answered
User Aliaksei Maniuk
by
7.7k points
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