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  • BANK
  • BANK
  • First you get 1000 dollars which you deposit into a bank.
  • Your Account Balance $1000.00
  • Stephanie's Account Balance $900.00
  • Your bank will then lend part of your 1000 dollars as a loan to Stephanie.The amount the bank lends is determined by the required reserve ratio.
  • Suppose the RRR is 10% so now the bank can give a loan of 900 dollars from your 1000 dollars to Stephanie.
  • Stephanie then puts the 900 dollars into her account but you and Stephanie still have the full amount you guys put in the bank.
  • Which makes the money supply to increase to 1900 dollars.
  • Now say Stephanie gives the 900 dollars to Max for a phone she bought off him.Which then Max deposits in his bank account.
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