The Case of the Gigantic $100,000 Bill
a. Ask Banker A: How much money do I have in my checking account? ($100,000) b. Ask Borrower 1: How much money do you have in paper currency, which you just borrowed from Bank A? ($80,000) c. By how much has the money supply increased? ($80,000) 27. Record the money created in Round 1 ($80,000) in the appropriate space on the vi-sual of Activity 1. ................
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