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Sagot :
Answer:
$1,000
Explanation:
The computation of the increase in the money supply is shown below:
But before that the multiplier is
= 1 รท required reserve ratio
= 1 รท 0.10
= 10
Now the increase in the money supply is
= Multiplier ร saving in cash at home
= 10 ร $100
= $1,000
hence, the above represent the answer and the same would be relevant
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