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Please answer Suppose that each of the economy's 600 young agents has deposits worth 100 goods with a bank no matter what the rate of

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Suppose that each of the economy's 600 young agents has deposits worth 100 goods with a bank no matter what the rate of return, agents do not carry money. Assume that the reserve requirement is 10 percent and the monetary base is $3,000. Let a: 3: n . 1. What is the total nominal money stock? [5 points] 2. What is the yalue of a unit of at money? {5 points] 3. What is the price of a good in units of at money? {5 points] 4. How many goods would the government acquire if it increased the monetary base by 50 percent? [5 points] 5. What is the real yalue of investment by banks? (5 points)

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