A. Write the equation for the base, showing all sources and alternative uses.

B. Explain why the Treasurys deposits (GD) at Fed is an alternative use of the base and give an example from monetary history in which this was important.Write the equation for the base, showing all sources and alternative uses. B. Explain why the Treasurys deposits (GD) at Fed is an alternative use of the base and give an example from monetary history in which this was important.

Using the simple model of bank expansion in which the base multiplier is 1/10, do the following problems. Fill in the final position in which the commercial banking system reaches equilibrium. Assume that the initial equilibrium position for all problems is: Fed CB GS 1400 DFR 1400 DFR 1400 DD 14,000 GD 0 L&I 11,800 GD 0 GS 800 Using the simple model of bank expansion in which the base multiplier is 1/10, do the following problems. Fill in the final position in which the commercial banking system reaches equilibrium. Assume that the initial equilibrium position for all problems is: Fed CB GS 1400 DFR 1400 DFR 1400 DD 14,000 GD 0 L&I 11,800 GD 0 GS 800