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Suppose that the desired reserve ratio is 20 percent and you deposit $50,000 of freshly minted currency given to you by the Bank of Canada into ScotiaBank.What is the potential increase in deposits in the banking system brought about by your deposit? What is the potential change in the money supply?
Confidence
A feeling of self-assurance arising from one's appreciation of one's own abilities or qualities.
Geographically Dispersed
Refers to entities, such as teams or offices, that are spread out over a wide geographical area.
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Presentations delivered over the internet using various tools and platforms, allowing for remote access and participation.
Nonverbal Cues
Nonverbal cues are the body language, facial expressions, gestures, and other physical behaviors that communicate messages without the use of words.
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