2 Assume the banking system has $200 billion in demand deposits and $80 billion in reserves In addition, assume that the required reserve ratio is 25 Answer the following questions a How much excess reserves are in this system b What is the value of the money multiplier c What is the maximum amoun...

a How much excess reserves are in this system ...

2. Assume the banking system has $200 billion in demand deposits and $80 billion in reserves....

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Macroeconomics Principles and Policy

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2. Assume the banking system has $200 billion in demand deposits and $80 billion in reserves....

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