Answer Happy

Question 7 (2 points) The balance sheet is based on which of the following equations? debits = credits + net worth net worth = assets - liabilities net worth assets + liabilities capital reserves + cash. O assets = liabilities + capital Question 8 (4 points) Assume a money creation model where c = 0.2, e = 0.1, and r = 0.1. What is the money multiplier? What change in the money supply occurs from an open market purchase of $100 million? Question 9 (2 points) The discount rate O is also known as the primary credit rate. is the rate charged by the Fed for loans to member banks. O has been increasing in 2022 as the Fed combats inflation. O is currently set at the upper bound of the target range for the federal funds rate. all of the above.