1 You Deposit 2 000 Into Your Checking Account At Abc Bank The Reserve Ratio Is 20 A 2700056
1. You deposit $2,000 into your checking account at ABC bank. The Reserve Ratio is 20%.A) Make a T-account showing the deposit and the bank making a loan B) Using the money multiplier, how much will the money supply increase because of the $2,000 deposit? 2. If the money supply is growing at a rate […]