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Assume that the economy has initial cash holdings ofC=$2000. The required reserve ratio is rr=0.1 The currency deposit ratio if cr=0 What is the money
Assume that the economy has initial cash holdings ofC=$2000.
The required reserve ratio is rr=0.1
The currency deposit ratio if cr=0
What is the money supply?
200 |
2000 |
20000 |
40000 |
Do not have enough information to answer this question |
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