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Business, 27.04.2021 22:00 kelcey1972harris

Suppose that the money supply is 1 trillion Dollar. Decision makers at the Central Bank decide that they wish to reduce the money supply by 100 billion Dollar, or by 10 percent. If the required reserve ratio is 0.05, what does the Central Bank need to do to carry out the planned reduction? I would be very glad if you can help

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