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Question 1 (3 points) For Questions 1-5 assume that C/D = 10% and R/D = 30% and that Pat takes $1,000 from under her mattress
Question 1 (3 points) For Questions 1-5 assume that C/D = 10% and R/D = 30% and that Pat takes $1,000 from under her mattress and deposits it in her checking account. What is the money multiplier? A/ Question 2 (3 points) Suppose C/D = 10% and R/D = 30% Suppose Pat takes $1,000 from under her mattress and deposits it in her checking account. What is the initial change in the Monetary Base (B)? Question 3 (3 points) Suppose C/D = 10% and R/D = 30% Suppose Pat takes $1,000 from under her mattress and deposits it in her checking account. What is the initial change in the Money Supply (M)?Question 4 (3 points) Suppose C/D = 10% and R/D = 30% Suppose Pat takes $1,000 from under her mattress and deposits it in her checking account. Eventually, what is the change in B? A Question 5 (3 points) Suppose C/D = 10% and R/D = 30% Suppose Pat takes $1,000 from under her mattress and deposits it in her checking account. Eventually, what is the change in M? A
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