Essentials of Economics 8th Edition by Bradley Schiller

تمرين 9

In December 1994, a man in Ohio decided to deposit all of the 8 million pennies he had been saving for nearly 65 years. (His deposit weighed over 48,000 pounds!) With a reserve requirement of 5 percent, how did his deposit change the lending capacity of
( a ) His bank?
( b ) The banking system?