Question: Moving to another question will save this response Question 33 of 38 Question 33 1 points An economy has a borrowed monetary base of $500
Moving to another question will save this response Question 33 of 38 Question 33 1 points An economy has a borrowed monetary base of $500 billion and a nonborrowed monetary base of $780 billion. The required reserve ratio is 10. The total amount of currency in circulation is 51,350 billion. The total checable deposits is 2.215 bilion. The banking system holds a total of $400 billion in excess reserves. What is the monetary base in billion of 5) of the economy Round your answer to at least 2 decimal places. E. 51.234.567,890 should be entered as 1-23) Moving to another question will save this response
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