If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $5
Posted: Sun May 29, 2022 7:34 pm
If currency held by the public equals $100 billion, reserves held by banks equal $50 billion, and bank deposits equal $500 billion, then the money supply equals: O $650 billion. $600 billion. O $150 billion. O $100 billion. 1