ECONOMICS
BUSINESS CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Suppose all financial intermediaries in the financial sector have a liquidity ratio of 25%. If a new deposit of $10 000 is made, total deposits can increase by a maximum of:D.$50 000
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$40 000
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$25 000
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$10 000
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$50 000
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Explanation:
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