Suppose you deposit $1,900 cash into your checking account. By how much will checking deposits in the banking system increase as a result when the required reserve ratio is 0,50? The change in checking deposits is equal to: $ (enter your result rounded to the nearest dollar).

Suppose you deposit $1,900 cash into your checking account. By how much will checking deposits in the banking system increase as a result when the required reserve ratio is 0,50? The change in checking deposits is equal to: $ (enter your result rounded to the nearest dollar).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose you deposit $1,900 cash into your checking account. By how much will checking deposits in the banking system increase as a result when the required
reserve ratio is 0.50?
The change in checking deposits is equal to: $
(enter your result rounded to the nearest dollar).

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