Economy, asked by Nicey7351, 1 year ago

If the banking system has demand deposits of $100,000, total reserves equal to $20,000 and a required reserve ratio of 20%, the banking system can increase the volume of loans by:

a.$0

b.$20,000

c.$80,000

d.$100,000

Answers

Answered by priya1064

0

c) $ 80,000..........

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