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In Canada in 2014, the currency drain ratio was 11 percent of deposits and the reserve ratio was 0.03 percent of deposits. Calculate the Canadian
In Canada in 2014, the currency drain ratio was 11 percent of deposits and the reserve ratio was 0.03 percent of deposits. Calculate the Canadian money multiplier. The Canadian money multiplier was '1. >>> Answer to 2 decimal places. In Australia, the quantity of money is $150 billion, the currency drain ratio is 33 percent of deposits and the reserve ratio is 8 percent. What is the monetary base in Australia? The monetary base in Australia is $E| billion. >>> Answer to 2 decimal places
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