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(Solved): Consider an individual who immigrates to Canada and deposits $1 comma 0001,000 in Canadian curr ...



Consider an individual who immigrates to Canada and deposits ​$1 comma 0001,000 in Canadian currency into the Canadian banking system. Suppose all commercial banks have a target reserve ratio of 55 percent and individuals choose to hold cash equal to 55 percent of their bank deposits. Part 2 a. The eventual total change in deposits is equal to ​1/(v ​+ c​) times the new​ deposit, where v is the target reserve ratio and c is the ratio of cash to deposits. In this​ case, the eventual total change in deposits is ​$enter your response here. ​(Round your response to the nearest​ dollar.) Part 3 b. Using the same​ numbers, the eventual total change in reserves is ​$enter your response here. ​(Round your response to the nearest​ dollar.) Part 4 c. Again using the same​ case, the eventual total change in loans is ​$enter your response here. ​(Round your response to the nearest​ dollar.)



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