Suppose that an economy has 30B in reserves (both required and excess reserves), deposits are 120B, the currency ratio is 5% and the required reserve ratio is 13%. What is the monetary Base? What is the money supply? What is the money multiplier?

ECON MACRO
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ISBN:9781337000529
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Chapter14: Banking And The Money Supply
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Suppose that an economy has 30B in reserves (both required and excess reserves), deposits
are 120B, the currency ratio is 5% and the required reserve ratio is 13%.
What is the monetary Base? What is the money supply? What is the money multiplier?

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