Business
Business, 02.03.2020 19:23, parapraxis

A. If the required reserve ratio is 10%, currency in circulation is $400 billion, checkable deposits are $800 billion and excess reserves total $.8 billion, then what is the monetary base?b. If the required reserve ratio is 15%, currency in circulation is $400 billion, checkable deposits are $800 billion and excess reserves total $.8 billion, then what is the M1 money multiplier?

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A. If the required reserve ratio is 10%, currency in circulation is $400 billion, checkable deposits...

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