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twhitt
Jun 3, 2009, 01:28 PM
Suppose the Federal Reserve increases deposits at financial institutions by $50 billion through its open market operations. If the reserve requirement for all deposits is increased from 8% to 10% at the same time the Fed increases deposits, what is the maximum impact the Fed's actions can have on total deposits?

morgaine300
Jun 4, 2009, 01:09 AM
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