Statistics for the economy as a whole are: D = $2,500 billion; R = $250 billion; C/D = 0.3; N/D = 2.5; MMF/D = 1.8; q = 0.10 which is also the value of RR/D Calculate the following:

A) MB, M1, M2, MM1, MM2

B)N, D, C, R, MMF Now suppose the feds sell $200 billion in securities in the open market.

Now recalculate all off A and B:

C) MB, M1, M2, MM1, MM2, N, C, R, MMF

Upload your work to support your answer.