Question: QUESTION 46 Suppose you read the following data published by the central Bank of a small country. Required reserve ratio-5% Currency in circulation = $400

QUESTION 46 Suppose you read the following data published by the

QUESTION 46 Suppose you read the following data published by the central Bank of a small country. Required reserve ratio-5% Currency in circulation = $400 billion Checkable deposits $800 billion Excess Reserves = 0.8 billion (a) What is the money multiplier in the country? (b) What is quantity of money supply in the country? Path: p Words:0

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