Question: Complete the table below. Show ALL your work Change Reserve requirement ratio (RRR) Money Multiplier Expansionary or Contractionary Monetary Policy Change in Money Supply Bank

Complete the table below. Show ALL your work

Change Reserve requirement ratio (RRR) Money Multiplier Expansionary or Contractionary Monetary Policy Change in Money Supply
Bank of Canada buys $70 million in treasury bonds 12%
Bank of Canada sells $120 million in treasury bonds 17%
Bank of Canada buys $80 million in treasury bonds 50%
Bank of Canada sells $20 million in treasury bonds 100%

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