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Business, 14.08.2019 08:10 RomoTussion
Suppose the fed conducted a $ 5 million open market sale. if the required reserve ratio is 15 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and excess reserves total $0.8 billion. calculate the total effect on u. s. money supply.
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Suppose the fed conducted a $ 5 million open market sale. if the required reserve ratio is 15 percen...
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