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en the following data, answer four questions about the money supply and the money multiplier. tal reserves: ransactions deposits: ash held by public: onds held by public: tocks held by public: ross domestic product: mterest rate: equired reserve ratio: Value $ 55 billion $ 500 billion $ 400 billion $ 400 billion $ 140 billion $ 8 trillion 6 percent 0.10 tructions: Enter your responses as a whole number. How large is the money supply (M1)? $ billion How much excess reserves are there? $ billion What is the money multiplier? - What is the available lending capacity of the banking system? $ billion

en the following data, answer four questions about the money supply and the money multiplier. tal reserves: ransactions deposits: ash held by public: onds held by public: tocks held by public: ross domestic product: mterest rate: equired reserve ratio: Value $ 55 billion $ 500 billion $ 400 billion $ 400 billion $ 140 billion $ 8 trillion 6 percent 0.10 tructions: Enter your responses as a whole number. How large is the money supply (M1)? $ billion How much excess reserves are there? $ billion What is the money multiplier? - What is the available lending capacity of the banking system? $ billion

Macroeconomics
Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: The Federal Reserve System
Section: Chapter Questions
Problem 8WNG
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please give me proper calculation and do t ysr chatGPT
Given the following data, answer four questions about the money supply and the money multiplier. Total reserves: Transactions deposits: Cash held by public: Bonds held by public: Stocks held by public: Gross domestic product: Interest rate: Required reserve ratio: Value $ 55 billion $ 500 billion $ 400 billion $ 400 billion $ 140 billion $ 8 trillion 6 percent 0.10 Instructions: Enter your responses as a whole number. a. How large is the money supply (M1)? $ billion b. How much excess reserves are there? $ billion. c. What is the money multiplier? d. What is the available lending capacity of the banking system? $ billion 4
Transcribed Image Text:Given the following data, answer four questions about the money supply and the money multiplier. Total reserves: Transactions deposits: Cash held by public: Bonds held by public: Stocks held by public: Gross domestic product: Interest rate: Required reserve ratio: Value $ 55 billion $ 500 billion $ 400 billion $ 400 billion $ 140 billion $ 8 trillion 6 percent 0.10 Instructions: Enter your responses as a whole number. a. How large is the money supply (M1)? $ billion b. How much excess reserves are there? $ billion. c. What is the money multiplier? d. What is the available lending capacity of the banking system? $ billion 4
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