Increase In Money Supply
If $1,000 is deposited into the banking system and the reserve ratio is 10%, what is the total increase in the money supply?
A
$9,000
B
$1,000
C
$10,000
D
$5,000
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clep.ai501(c)(3) Nonprofit$9,000
$1,000
$10,000
$5,000
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