If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $5
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If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $5
If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the money supply equals: O $650 billion. $600 billion. O $150 billion. O $100 billion. 1
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