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The Following Table Is the Consolidated Balance Sheet for the Commercial

question 34

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The following table is the consolidated balance sheet for the commercial banking system. All figures are in billions. Assume that the required reserve ratio is 10 percent: The following table is the consolidated balance sheet for the commercial banking system. All figures are in billions. Assume that the required reserve ratio is 10 percent:   Refer to the above information. The maximum amount by which this commercial banking system can expand the supply of money by lending is: A)  $120,000 billion B)  $300,000 billion C)  $600,000 billion D)  $900,000 billion Refer to the above information. The maximum amount by which this commercial banking system can expand the supply of money by lending is:

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The act of expressing the same idea or fact in different words to clarify or emphasize it.

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