Explain how the banking system will create new money and how much money can potentially be created.

discussion 1
You deposit a $1,000 scholarship check in the bank. If the required reserve ratio is 10 percent, explain how the banking system will create new money and how much money can potentially be created.
Requirements: 250 words minimum
discussion 2
Indicate how changes in monetary policy are transmitted to the goods and services market? Discuss for the case of an expansion in the money supply.
Requirements: 250 words minimum

textbook: Gwartney, J. D., Stroup, R. L., Sobel, R. S., & Macpherson, D. A. (2018). Economics: Private
and public choice (16th ed.). Boston, MA: Cengage Learning.
ISBN-13: 9781305506725

doesnt have to be in essay format! please separate along with references uses

Last Completed Projects