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1.Suppose the total money supply is $300bn, r=0.06 and c = 0.02. Calculate the following: a.The monetary base b.The stock of currency held by the

1.Suppose the total money supply is $300bn, r=0.06 and c = 0.02. Calculate the following:

a.The monetary base

b.The stock of currency held by the non-bank public

c. Bank reserves

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