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1 vote
ariel deposits $5,000 in joe's bank, and the reserve ratio is 10%. joe's bank then loans out the maximum amount possible. the total amount of the deposit and subsequent loan included in the money supply is $ (not including any more loans made from deposits coming from the original loan).

asked
User Yydl
by
8.4k points

1 Answer

2 votes

Answer:

9,500

Step-by-step explanation:

do some math bro

answered
User Ryan Detzel
by
8.5k points

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