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If the reserve requirement is 25% and a new deposit leads to a potential increase in the money supply of $4,000, the amount of the new deposit must equal:
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies if other players keep theirs unchanged.
Game Theory
The study of mathematical models of strategic interaction among rational decision-makers.
High-Tech Revolution
A period characterized by rapid and profound technological advancements, significantly impacting industries and society.
Market Structures
The organization and characteristics of a market, determining the level of competition and pricing power, such as monopolistic, oligopolistic, and competitive markets.
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