Balance Sheet:
Cash reserves: $2500
Loans: $7500
Deposit: $10000
Public Hold: $500
Excess Reserve: $500
A person receives an overseas remittance of $1000 and deposit in the whole amount into the banking system. If the banks do not hold excess reserve,
1. maximum possible amount of deposit is?
2. maximum possible amount of money supply is?
3. maximum possible change in deposit is?
4. maximum possible amount of bank loan is?
要寫過程
thx