Question: 21. If the monetary base B = $20 billion, cr (the C/D ratio) is equal to 0.1 and rr (the R/D ratio) is equal

21. If the monetary base B = $20 billion, cr (the C/D

21. If the monetary base B = $20 billion, cr (the C/D ratio) is equal to 0.1 and rr (the R/D ratio) is equal to 0.3 then the money multiplier m equals and the money supply equals A) 5.4; $108 billion B) 2.0; $ 400 billion C)2.75; $55 billion D) 3.0; $ 600 billion

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