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i) Calculate the monetary base.

ii) What is the value of the money supply (M1)

iii) What factors determine the level of excess reserves in the system?

iv) Calculate the money multiplier. What would happen to the level of deposits in the economy if the Fed bought $10 million of securities from the public?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91344153

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