Question
In Ramadan month and in Christmas, consumers increase their preferences for cash versus demand deposits. Explain the effect this has on 1- Primary deposits 2-
In Ramadan month and in Christmas, consumers increase their preferences for cash versus demand deposits. Explain the effect this has on
1- Primary deposits
2- Derivative deposits
3- Credit multiplier
4- Money multiplier
5- Monetary base
6- The money supply
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
