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what will be the total new checking deposit in the banking system if at the very beginning $100,000 deposit is

made?

RRR=20% and money multiplier will be 5. if we assume people just deposit 80% of their money into the bank.

2007-03-26 05:49:52 · 1 answers · asked by Jim B 1 in Social Science ➔ Economics

1 answers

What?

2007-03-26 06:00:04 · answer #1 · answered by surffsav 5 · 0⤊ 0⤋

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