question archive If you deposit $50,000 in your bank (which has a 20% reserve requirement) and 6 other borrowers/depositors put money aside for eventual lending by financial institutions, how much new money is created?
If you deposit $50,000 in your bank (which has a 20% reserve requirement) and 6 other borrowers/depositors put money aside for eventual lending by financial institutions, how much new money is created?
Subject:EconomicsPrice: Bought3
If you deposit $50,000 in your bank (which has a 20% reserve requirement) and 6 other borrowers/depositors put money aside for eventual lending by financial institutions, how much new money is created?
