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7. Austris deposited 800 euros in the bank. The bank's reserve ratio is 5%. The bank has no excess reserves. Calculate what is required, write
7. Austris deposited 800 euros in the bank. The bank's reserve ratio is 5%. The bank has no excess reserves. Calculate what is required, write the necessary formulas and show the progress of the calculation. (4 points) Amount of money generated (in the banking system): Total money supply: 8. What is the rate of turnover of the company's money, if the amount of money in circulation is 300 000 euros, the average price of the goods is 60 euros, but the quantity of goods sold during the year is 150 000. (3 punkti) Write the equation and notation. Solve the problem (show the calculation progress)
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