Question
If currency held by the public equals $200 billion, reserves held by banks equal $100 billion, and bank deposits equal $1000 billion, then the monetary
If currency held by the public equals $200 billion, reserves held by banks equal $100 billion, and bank deposits equal $1000 billion, then the monetary base equals _____ billion
Select one:
A.$100
B.$200
C.$300
D.$1,200
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
