Suppose you deposit ​$1,300 cash into your checking account. by how much will checking deposits in the banking system increase as a result when the required reserve ratio is 0.4​0

Respuesta :

$3,250. 

You would divide the amount deposited ($1,300) by the required reserve ratio (0.40) to get the amount that the checking deposit in the bank would increase as a result of the deposit, or $3,250. 

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