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Business, 22.11.2019 23:31 molly7654

Suppose the following statistics are available for the economy: cu = $60 billion res = $100 billion dep = $1000 billion
(a) calculate the size of the monetary base, the money supply, the reserveā€”deposit ratio, the currencyā€”deposit ratio, and the money multiplier.
(b) suppose the currencyā€”deposit ratio rises to .10, while the reserveā€”deposit ratio and monetary base remain unchanged. calculate the money multiplier, the money supply, and the new values of cu, res, and dep.

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Suppose the following statistics are available for the economy: cu = $60 billion res = $100 billion...
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