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Follow the money multiplier

Exercise and reference answers

Steps
  1. A deposit lands in the bank
  2. The CRR slice is set aside
  3. The rest is lent onward
  4. The loan returns as deposits
  5. Credit multiplies, round by round
Instructions
Tap the credit-creation steps in order.

Explanation

_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking' (leec103)_
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