The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money - creating potential of the entire banking system is $6,000. $8,000. $4,000. $10,000.
The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money - creating potential of the entire banking system is $6,000. $8,000. $4,000. $10,000.
Chapter25: Money Creation
Section: Chapter Questions
Problem 19SQ
Question
Transcribed Image Text:The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money
- creating potential of the entire banking system is $6,000. $8,000. $4,000. $10,000.
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