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11: An economy has a monetary base of 1,000 $1 bills. Calculate the money supply in scenarios if People hold equal amounts of currency and

11: An economy has a monetary base of 1,000 $1 bills. Calculate the money supply in scenarios if People hold equal amounts of currency and demand deposits. Banks hold 20 percent of deposits as reserves. A. $5600 B. $3333 C. $1667 D. $1000

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