Assume that Lucky Bank is required to hold a 10% deposits as reserves, and there   is a $3000 increase in demand deposits.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               1. Calculate the money multiplier?                                                                                                                                                                                                                                                                 2. How much additional new demand deposits could the $3,000 deposit support?

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