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please answer question36-37 asap pleaseee:)) Time left 0:21: Question 36 If the Bank of Canada deposits $24 million of the government's money in a chartered
please answer question36-37 asap pleaseee:))
Time left 0:21: Question 36 If the Bank of Canada deposits $24 million of the government's money in a chartered bank, what will be the effect on the money supply? (assume the desired reserve ratio is 3.5%) a Not yet answered Marked out a 1.00 P Flag Select one: O a it will increase by $685:68 million Ob it will increase by $24 million O c. it will decrease by the same amount as the deposit. O d. it will decrease by $84 million question Question 37 Suppose the economy is in long-run and short-run equilibrium. The Bank of Canada changes its policy by raising the bank rate. In the long run we would expect to observe Not yet answered Marked out of 1.00 P Flag question Select one: a. a lower price level O b. a higher price level. Oc a lower real national income. d. a higher real national income Step by Step Solution
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