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In the following data table, calculate the amount of excess reserves and the monetary base and then use the table to answer the questions that
In the following data table, calculate the amount of excess reserves and the monetary base and then use the table to answer the questions that follow. Value Category (Billions of Dollars) Currency, C 550.00 Deposits, D 200.00 Reserves, R 37.00 Required Reserves, RR 32.00 Monetary Base Use the previous data table to fill in the missing cells in the following table. (Hint: Round to the nearest hundredth.) Ratio Value Currency Ratio, k Required Reserves Ratio, r, Excess Reserves Ratio, re]; Money Supply Multiplier, MleI |4 |
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