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if the percentage of required available is 10% , the monetary circulation -cash is 400 billion dollars and the surplus a

Posted: Thu May 19, 2022 9:03 am
by answerhappygod
if the percentage of required available is 10% , the monetary circulation -cash is 400 billion dollars and the surplus available is 1 billion dollars then the monetary base is a. 500billion b. 400 billion c. 501billion d. 401 billion.SHOW ME HOW YOU CAME UP WITH YOUR ANSWER. I NEED COMPLETE SOLUTION.