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Title: ECON 545 Effective Communication-snaptutorial.com - PowerPoint PPT Presentation
Description: For more classes visit www.snaptutorial.com 1. Suppose that the reserve requirement is 5%. What is the effect on the total checkable deposits in the economy if banks reserves increased by $60 billion? 2. The formula for the simple deposit multiplier is? (Related to Solved Problem # 1) Suppose that simple economy produces only the following goods and services; shoes, hamburgers, shirts and cotton. Further, assume that – PowerPoint PPT presentation
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