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2. Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. ” a. What is the to
Posted: Thu May 19, 2022 10:13 am
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- 2 Bank Reserves Are 200 The Public Holds 1000 In Currency And The Reserve Deposit Ratio Is 20 A What Is The To 1 (75.46 KiB) Viewed 49 times
2. Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. ” a. What is the total amount of bank deposits? b. What is the money supply? C. Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase? [NewMS]