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Y7 In the economy, the following statistics describe the money supply: CU = $750 billion RES = $125 billion DEP = $2,500 billion Given these
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In the economy, the following statistics describe the money supply: CU = $750 billion RES = $125 billion DEP = $2,500 billion Given these data, calculate the amount of the monetary base: BASE = $ 875 billion Calculate the quantity of the money supply: M = $ 3250 billionStep by Step Solution
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