Question: ( S c e n a r i o : Monetary Base and Money Supply ) Assume that the reserve i s 2 0 %

(Scenario: Monetary Base and Money Supply) Assume that the reserve is20% and the monetary aggregates are in the
table. How much isM1?
$650 billion
$960 billion
$660 billion
$760 billion
( S c e n a r i o : Monetary Base and Money

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