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Suppose that a developing nation has a monetary base B of $300 billion, a reservedeposit ratio r of 0.2, and the currencydeposit ratio c is

Suppose that a developing nation has a monetary base B of $300 billion, a reservedeposit ratio r of 0.2, and the currencydeposit ratio c is 0.6. Calculate the Money Supply:

a. $600 billion b. $650 billion c. $450 billion d. $500 billion

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