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5 February, 18:17

If the federal reserve decreases the reserve rate from 4 to 2 how does this affect the amount of money that would result because of fractional reserve banking from an initial deposit into a bank of 55,000

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  1. 5 February, 21:08
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    If i remember correctly there is a reciprocal relationship you have to make use of. Check you textbook or whatever you might use.
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