Question
1.Calculate the money supply for the following data? Bank reserves (vault cash) = 1000; Required reserve ratio = 0.25 Currency in circulation = 2000
1.Calculate the money supply for the following data?
Bank reserves (vault cash) = 1000;
Required reserve ratio = 0.25
Currency in circulation = 2000
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Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
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