If the Reserve Ratio Is 10 Percent, $1,000 of Additional

question 375

Multiple Choice

If the reserve ratio is 10 percent, $1,000 of additional reserves can create up to

• A)$100 of new money.
• B)$1,000 of new money.
• C)$10,000 of new money.
• D)None of the above is correct.

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