Assume that the following data describe the condition of, Ask an Expert

Economics

Assume that the following data describe the condition of the banking system:

Total reserve $200Billion

Transactions deposits $800 Billion

Cass held by public $400 Billion

Reserve requirement 0.20

How large is the money supply?

How large are required reserves

How large are excess reserves

& by glow much could the banks increase their lending activities?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91233983

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