(a) Assuming that the amount of fiat money is RM4,550 million, calculate the amount of coins....
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(a) Assuming that the amount of fiat money is RM4,550 million, calculate the amount of coins. (b) Calculate the amount of money supply M1. (c) Calculate the amount of supply M2. (d) Calculate the amount of money supply M3. (e) Calculate the amount of quasi money. The following data are money supply in Malaysia in year 20xx. Item i Paper Money ii Savings at Bank Islam Malaysia Bhd. Negotiable Certificate iii iv V vi vii Bank Negara Malaysia certificates Fixed deposits and savings deposits at commercial banks and BNM Currents deposits at commercial banks Fixed deposits and saving deposits at other financial institution RM' Million 3,257.5 2,140.0 177,755.5 1,900.0 8,150.0 7,315.0 5,100.0 (a) Assuming that the amount of fiat money is RM4,550 million, calculate the amount of coins. (b) Calculate the amount of money supply M1. (c) Calculate the amount of supply M2. (d) Calculate the amount of money supply M3. (e) Calculate the amount of quasi money. The following data are money supply in Malaysia in year 20xx. Item i Paper Money ii Savings at Bank Islam Malaysia Bhd. Negotiable Certificate iii iv V vi vii Bank Negara Malaysia certificates Fixed deposits and savings deposits at commercial banks and BNM Currents deposits at commercial banks Fixed deposits and saving deposits at other financial institution RM' Million 3,257.5 2,140.0 177,755.5 1,900.0 8,150.0 7,315.0 5,100.0
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a Given that the total amount of fiat money is RM4550 million Coins Total fiat mon... View the full answer
Related Book For
General Chemistry Principles And Modern Applications
ISBN: 9780132931281
11th Edition
Authors: Ralph Petrucci, Jeffry Madura, F. Herring, Carey Bissonnette
Posted Date:
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