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Question 2 Assume that the currency-deposit ratio is D.11. the required reserve ratio is H.135, and the excess reserves to deposit ratio is (114. If
Question 2 Assume that the currency-deposit ratio is D.11. the required reserve ratio is H.135, and the excess reserves to deposit ratio is (114. If the monetary case is $3 trillion. find {a} the amount of currency in circulation in trillions of dollars; {ti} required reserves in trillions of dollars; {c} excess reserves in trillions of dollars; {d} simple deposit multiplier which ignores leakages; {e} Actual money multiplier; and {f} Money supply in trillions of dollars. {Hound all answers to one decimal point] The amount of currency in circulation in trillions of dollars: i Ftequired reserves in trillions of dollars: i Excess reserves in trillions of dollars: i Simple deposit multiplier is: l Actual money multiplier is: | Money supply in trillions of dollars
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