Table 13.1 Refer to Table 13.1.Given a reserve requirement of 8 percent, what is the maximum potential increase in the money supply?
A)$20, 500
B)$2, 800
C)$224
D)$11, 700
E)$35, 000

Question

Table 13.1  Refer to Table 13.1.Given a reserve requirement of 8 percent, what is the maximum potential increase in the money supply?
A)$20, 500 
B)$2, 800 
C)$224 
D)$11, 700 
E)$35, 000

Quizplus · Accepted Answer

The Answer of Table 13.1  Refer to Table 13.1.Given a reserve requirement of 8 percent, what is the maximum potential increase in the money supply?
A)$20, 500 
B)$2, 800 
C)$224 
D)$11, 700 
E)$35, 000

Table 131 Refer to Table 13