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(solve in excel) Calculate the M2 money multiplier using the following formula: M2 = 1 + (C/D) + (T/D) + (MMF/D)/[rr + (ER/D) + (C/D)].
(solve in excel)
Calculate the M2 money multiplier using the following formula: M2 = 1 + (C/D) + (T/D) + (MMF/D)/[rr + (ER/D) + (C/D)].
| Currency | Deposits | Excess Reserves | Required Reserve Ratio | Time Deposits | Money Market Funds | Answer: M2 |
|---|---|---|---|---|---|---|
| 100 | 100 | 10 | 0.1 | 1,000 | 1,000 | 18.33 |
| 100 | 100 | 10 | 0.2 | 1,000 | 100 | 10 |
| 100 | 100 | 10 | 0.2 | 100 | 1,000 | 10 |
| 1,000 | 100 | 10 | 0.2 | 1,000 | 1,000 | 3.01 |
| 1,000 | 100 | 50 | 0.2 | 1,000 | 1,000 | 2.90 |
| 100 | 1,000 | 50 | 0.2 | 1,000 | 1,000 | 8.86 |
| 100 | 1,000 | 0 | 1 | 1,000 | 1,000 | 2.82 |
| 100 | 1 | 10 | 0.1 | 1,000 | 1,000 | 19.08 |
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Cryptocurrency QuickStart Guide
Authors: Jonathan Reichental
1st Edition
1636100406, 978-1636100401
