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If the required reserve ratio is 3%, an initial demand deposit made in a bank of $100,000 can result in an expansion in the money supply of
Encoded
The process of converting information into a particular form or code, often for the purpose of secrecy, efficiency, or data transmission.
Decoded
Translated or interpreted from a coded or obscure form into a comprehensible or clear form.
Communication Environment
The physical and psychological context in which communication occurs, including all relevant stimuli and barriers.
Context
The physical, historical, and psychological environment in which communication.
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