Economy, asked by kanikataneja, 10 months ago

assume that all individuals do not hold currency and the reserve ratio (r/d) is 0.25. Also, assume that the monetary base equals 300 crores. Calculate the amount of reserves, checkable deposits, money supply and the money multiplier

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Answered by arayankumar774

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assume that all individuals do not hold currency and the reserve ratio (r/d) is 0.25. Also, assume that the monetary base equals 300 crores. Calculate the amount of reserves, checkable deposits, money supply and the money multiplier​

Answers

assume that all individuals do not hold currency and the reserve ratio (r/d) is 0.25. Also, assume that the monetary base equals 300 crores. Calculate the amount of reserves, checkable deposits, money supply and the money multiplier