7. If the reserve ratio is 10%, the deposit multiplier is 8. If the reserve ratio is 10% and the banking systems has excess reserves of $50, the Type your answer here maximum amount of new deposits that can be created through lending is $ Type your answer here 9. If the reserve ratio is 20%, the deposit multiplier is Type your answer here

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
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7. If the reserve ratio is 10%, the deposit multiplier is
8. If the reserve ratio is 10% and the banking systems has excess reserves of $50, the
Type your answer here
maximum amount of new deposits that can be created through lending is $
Type your answer here
9. If the reserve ratio is 20%, the deposit multiplier is
Type your answer here
Transcribed Image Text:7. If the reserve ratio is 10%, the deposit multiplier is 8. If the reserve ratio is 10% and the banking systems has excess reserves of $50, the Type your answer here maximum amount of new deposits that can be created through lending is $ Type your answer here 9. If the reserve ratio is 20%, the deposit multiplier is Type your answer here
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