Consider the following data: Currency Required reserves Deposits Excess reserves $100 billion $360 billion $1200 billion $40 billion Calculate the values for currency to deposit ratio, the ratio of total reserves to deposits, the monetary base, the money multiplier, and the money supply

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Chapter13: The Federal Reserve System
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Consider the following data:
Currency
Required reserves
Deposits
Excess reserves
$100 billion
$360 billion
$1200 billion
$40 billion
Calculate the values for currency to deposit ratio, the ratio of total reserves to deposits, the
monetary base, the money multiplier, and the money supply
Transcribed Image Text:Consider the following data: Currency Required reserves Deposits Excess reserves $100 billion $360 billion $1200 billion $40 billion Calculate the values for currency to deposit ratio, the ratio of total reserves to deposits, the monetary base, the money multiplier, and the money supply
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