If the Central Bank of Macroland puts an additional 3,000 dollars of currency Into the economy, the public deposits all currency into the banking system, and banks have a desired reserve/deposit ratio of 0.4, then the banks will eventually make new loans totaling and the money supply will increase by Multiple Choice $4.500; $7,500 $3.000, $3,000 $3.000; $4,500 $4.500; $4,500
If the Central Bank of Macroland puts an additional 3,000 dollars of currency Into the economy, the public deposits all currency into the banking system, and banks have a desired reserve/deposit ratio of 0.4, then the banks will eventually make new loans totaling and the money supply will increase by Multiple Choice $4.500; $7,500 $3.000, $3,000 $3.000; $4,500 $4.500; $4,500
Chapter1: Making Economics Decisions
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
Transcribed Image Text:If the Central Bank of Macroland puts an additional 3,000 dollars of currency into the economy, the public deposits all currency into the banking system, and banks have a desired reserve/deposit ratio of 0.4,
then the banks will eventually make new loans totaling
and the money supply will increase by
Multiple Cholce
$4,500; $7,500
$3,000, $3,000
$3,000; $4,500
$4.500; $4,500
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