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How can I answer all of the following questions below please? Suppose the reserve ratio of all banks is 15% and no money is kept
How can I answer all of the following questions below please? Suppose the reserve ratio of all banks is 15% and no money is kept in the form of currency outside banks. If the Bank of Canada purchases for 130 dollars worth of bonds from commercial banks, the money supply will increase by how much in the long run? Express your answer in dollars rounded to the nearest second decimal. Suppose the initial real per capita GDP for countries A and B is 11 thousand dollars. If the annual growth rates of countries A and B are respectively 2.7% and 4.7%, what is the the ratio GDP of country B over GDP of country A after 64 years? Round your answer to the nearest first decimal. 3. Suppose the CPI base 100 = 2002 in 2007 is equal to 138.7. What is the average annual inflation rate between 2002 and 2007? Use the exact formula and express your answer in percentage rounded to the nearest first decimal. The following is a linear trend fitted to a series expressed in thousands of dollars. It = 231.5 + 1.7t where t is expressed in years. What is the annual variation of the trend in thousands of dollars
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