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Question 1 (3 points) Suppose that a country of Neverland has $250 million in bank reserve, $250 million in currency held by the public, and

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Question 1 (3 points) Suppose that a country of Neverland has $250 million in bank reserve, $250 million in currency held by the public, and $1,000 million in bank deposits. Calculate the: 1. Desired reserve ratio 2. Currency drain ratio 3. Real life money multiplier Paragraph v BIUA + . . . H

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