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  • 17-12-2022
  • Business
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in macroland there is $1,000,000 in currency that can either be held by the public as currency or deposited into banks. banks' desired reserve/deposit ratio is 10 percent. if the public of macroland decides to hold more currency, increasing the proportion they hold from 50 percent to 75 percent, the money supply in macroland will .

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