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First Credit Union

Assets Liabilities
Required Reserves - $5000 Demand Deposits - $50000
Excess Reserves - $22746 Owner's Equity - $4224
Loans - $23430 Debt - $3711
Bonds - $6759

1) What is the required reserve ratio?

2) What is the money multiplier?

3) If First Credit Union loans out the rest of its available money, what is the maximum possible increase in the money supply?

4) If Yu-Ling deposits $50 into First Credit Union, what is the immediate increase in the money supply?

5) Given the deposit in (4) only, what is the maximum potential increase in the money supply?


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