Question: Derive the monetary multiplier by using the monetary base (B=C+ R), reserve-deposit ratio and currency-deposit ratio. (7 points) (2) What is relationship of the

Derive the monetary multiplier by using the monetary base (B=C+ R), reserve-deposit ratio and

Derive the monetary multiplier by using the monetary base (B=C+ R), reserve-deposit ratio and currency-deposit ratio. (7 points) (2) What is relationship of the monetary supply and monetary base. (3 points)

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