1. If the required reserve ratio is 10% and the Fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?

100, 1,000, 10,000 or 10

Question

05-12-2022
Mathematics

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1. If the required reserve ratio is 10% and the Fed conducts an open market purchase of $100, what is the maximum possible change in the money supply?

100, 1,000, 10,000 or 10

Sagot :

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