In Table 14.1, what would the following values be if the required reserve ratio fell from 0.20
Question:
In Table 14.1, what would the following values be if the required reserve ratio fell from 0.20 to 0.10?
(a) Total deposits
(b) Total reserves
(c) Required reserves
(d) Excess reserves
(e) Money multiplier
(f) Unused lending capacity
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a 100 billion no change b 30 billion no change c 10 billion d 20 billion ...View the full answer
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Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
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