Suppose that the required reserve ratio is 8%, currency in circulation is $610 billion, the amount of checkable deposits

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Suppose that the required reserve ratio is 8%, currency in circulation is $610 billion, the amount of checkable deposits

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Suppose That The Required Reserve Ratio Is 8 Currency In Circulation Is 610 Billion The Amount Of Checkable Deposits 1
Suppose That The Required Reserve Ratio Is 8 Currency In Circulation Is 610 Billion The Amount Of Checkable Deposits 1 (10.54 KiB) Viewed 12 times
Suppose that the required reserve ratio is 8%, currency in circulation is $610 billion, the amount of checkable deposits is $890 billion, and excess reserves are $12 billion. The money supply is $ billion. (Round your response to the nearest whole number.)
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