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Suppose that the required reserve ratio is 8%, currency in circulation is $610 billion, the amount of checkable deposits
Posted: Sun May 29, 2022 8:21 pm
by answerhappygod
- Suppose That The Required Reserve Ratio Is 8 Currency In Circulation Is 610 Billion The Amount Of Checkable Deposits 1 (14.23 KiB) Viewed 18 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 $ 1500 billion. (Round your response to the nearest whole number.) The currency deposit ratio is (Round your response to three decimal places.)