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Question 7 (5 points) Saved A commercial bank has actual reserves of $10,000 and checkable-deposit liabilities of $48,000, and the required reserve ratio is 0.15.
Question 7 (5 points) Saved A commercial bank has actual reserves of $10,000 and checkable-deposit liabilities of $48,000, and the required reserve ratio is 0.15. This bank can loan out $ at the moment. Your Answer: 40800 Answer Question 8 (5 points) = ' Listen b You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $500 billion, (2) investment = $50 billion, (3) government purchases = $100 billion, and (4) exports = $20 billion, imports = $40 billion. If the full-employment level of GDP for this economy is $700 billion. Marginal Propensity to Consume (MPC) of the economy is 0.5. How much government purchases would be closing the GDP-gap here? Explain your answer, and show your calculation. Paragraph V B . Star Planethood.mp4 3010 FInal....docx A _ A Show All Failed - Network error
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