1. Use the following information to answer the questions below. Bank reserves are $200, the public holds $400 in currenc
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1. Use the following information to answer the questions below. Bank reserves are $200, the public holds $400 in currenc
questions below. Bank reserves are $200, the public holds $400 in currency, and the reserve/deposit ratio is 0.25 a. What is the value of Bank Deposits b. What is the value of the Money Supply
1. Use the following information to answer the