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If the reserve ratio is 1/4 and the central bank increases the quantity of reserves in the banking system by $120, the money supply increases by: a. $90 b. $150 c. $160 d. $480

If the reserve ratio is 1/4 and the central bank increases the quantity of reserves in the banking system by $120, the money supply increases by: 

a. $90

b. $150

c. $160

d. $480

May 10 2021 View more View Less

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