B3. An economy has cash ratio of 20%, actual reserve ratio of 10%. If the money base is $1000 billion a) Calculate money

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B3. An economy has cash ratio of 20%, actual reserve ratio of 10%. If the money base is $1000 billion a) Calculate money

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B3 An Economy Has Cash Ratio Of 20 Actual Reserve Ratio Of 10 If The Money Base Is 1000 Billion A Calculate Money 1
B3 An Economy Has Cash Ratio Of 20 Actual Reserve Ratio Of 10 If The Money Base Is 1000 Billion A Calculate Money 1 (10.26 KiB) Viewed 37 times
B3. An economy has cash ratio of 20%, actual reserve ratio of 10%. If the money base is $1000 billion a) Calculate money multiplier and the quantity of money? b) How does Central bank use open market operation to decrease money stock by $600 billion?
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