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Assume that when $100 of new reserves enter the banking system, the money supply ultimately increases by $800. Assume also that no banks hold excess reserves and that the entire money supply consists of bank deposits. If, at a point in time, reserves for all banks amount to $750, then at that same point in time, loans for all banks amount to $6,000.
Bat Wings
A term describing the wing structure of bats, which consists of a membrane stretched between elongated fingers.
Fly Legs
Fly legs are the limbs of flies, typically utilized for landing, walking, tasting, and manipulating objects, showcasing a variety of specialized adaptations.
Gene Duplication
A process in which a segment of genetic material or a whole gene is copied or duplicated, leading to multiple copies of that segment or gene in the genome.
Paralogs
Genes that arise by duplication within the same organism, often developing new functions while retaining some characteristics of the original gene.
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