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Suppose we have the following money market conditions: RR/D= .10 C = 1200 D = 1500 ER = 0 (zero) b) (6 points)i) Calculate the

Suppose we have the following money market conditions:

RR/D= .10

C = 1200

D = 1500

ER = 0 (zero)

b) (6 points)i) Calculate the MB.

ii) Calculate the money multiplier.

iii) What is the money supply (use mm x MB to calculate this)?

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