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Assume there is only one bank in Maldavia-The First National Bank. The required reserve ratio is 25%. The First National Bank has no excess reserves. Suppose that there is a new deposit of $200 million into the banking system. What is the value of the money multiplier in Maldavia? By how much can the money supply increase in Maldavia?
Fovea
A small depression in the retina of the eye where visual acuity is highest. This area is responsible for sharp central vision.
Fine Detail
The most intricate or nuanced aspects of something, usually requiring close attention or scrutiny to fully appreciate or understand.
Color-deficient Vision
A condition impairing the ability to see color differences, commonly referred to as color blindness.
Trichromatic
Pertains to the trichromatic theory of color vision, which states that the human eye has three types of receptors that are sensitive to red, blue, and green light.
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