Question: please do fast!! i will rate you good for sure!! please send me typed answer!! Suppose in an economy with a fractional reserve banking system

please do fast!! i will rate you good for sure!! please send me typed answer!!

$send me typed answer!! Suppose in an economy with a fractional reserve$

Suppose in an economy with a fractional reserve banking system and a reserve ratio of 22.1%, an increase of $2254 in checable deposits could be due to a minimum of an increase of $217 in reserves. What is the percentage of deposits that banks are required to hold in their reserves

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

please do fast!!! i will rate you good for sure!! please send me typed answer!! Suppose that the country of Westonia saves 12.5% of its income, has a capital-output ratio of 2.5, and a depreciation...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! suppose Bravo Industry is contemplating investing in a new business. An existing company in the target industry has an...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose the spot rate of the Euro () against the Swiss Franc is 0.86 (l Euro=0.86 Swiss Francs), the annual forward rate...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose the marginal propensity to save is .3 and the marginal propensity to import is .6. Suppose a firm renovation...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose Qd=-38*P+716, Qs=31*P+13 for home and Qd*=-38*P+149, Qs*=31*P+35 for foreign. What is the free trade price to...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose that the European Union decides to reduce its agricultural export subsidy (The Common Agricultural Policy)....

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Suppose T: R12 > Mmm[R) is a linear transformation. (a) If T is an isomorphism, find all possible values for (m, n) (b)...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! A chartered bank has $1 million in deposits and $50,000 in desired reserves. Its excess reserves are initially zero, a....

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Consider an economy described as follows: Y =C+I+G Y = 6 600. G = 1 650. T = 2 000. C = 1 100 + 1/4(Y-T ). 1 = 3 800 -...

Please do fast!! I will rate you good for sure!! Please send me typed answer!! Assume the demand for deposits equals 100,000 goods and the non borrowed part of the monetary base is $20,000. Let the...

A gas in a piston-cylinder assembly undergoes an expansion process for which the relationship between pressure and volume is given by PV" = constant The initial pressure is 3 bar, the initial volume...

If the present cost of the car is Rs.1,00,000 residual value at the end of the 5th year is Rs.20,000, the monthly depreciation is ______________ Rs.20,000 Rs.16,000 Rs.1,333 Rs.17,333

Classity each of the following items as a rigid body, a system of rigid bodies, or a nonrigid body a fishing pole, a diving board, a mechanica springa bowling ball, a baseball bata system of gears, a...

The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: January February March April 1,400 1,700 1,700 1,700 May June July...

The permanence rule: We tend to have more confidence in information that is of a more permanent nature than information that is of a temporary nature.

The official stamp rule: We tend to have more confidence in information that is exempt from the Freedom of Information Act than if the same information was made readily available.

4. Based on a message you have recently received, analyse it in relation to its three components: a. the information component, b. its relational component and c. its hierarchical component.