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What is 'reserve requirement'?
"Banks keep all of customers' deposited money in the vault."
Banks keep only a portion of deposits and ___ the rest to others.
With a 10% reserve requirement, how much money can 1 million won eventually create?
"Money can increase through the banking system."
What is unique about fiat money?
Receive deposit
That money is deposited again
Lend to others
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