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On a certain date the banking system had $2 billion in excess reserves. The legally required reserve ratio was 12.5 percent. Potentially, if these funds were fully loaned out, the banking system as a whole could increase the money supply by a maximum of:
Purity
The condition or quality of being free from contamination, pollutants, or immoral behavior; often associated with cleanliness or moral wholesomeness.
Wavelength
A measure of the distance between consecutive points of a wave, typically used in the context of electromagnetic waves.
Night
The period of darkness in each twenty-four hours; the time from sunset to sunrise.
Receptors
Specialized cells or proteins that detect and respond to external substances, such as hormones, neurotransmitters, or sensory stimuli.
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