SophiaPretty

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About SophiaPretty

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Accounting,Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Economics,Engineering,English,Environmental science,Essay writing Hide all
Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 3 Days Ago
Questions Answered: 15833
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  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

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  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 06 Sep 2017 My Price 6.00

Suppose the following data apply

Suppose the following data apply:
Total bank Reserves: $6 billion
Total bank deposits: $100 billion
Cash held by public: $10 Billion
Bonds held by public: $220 Billion
Stocks held by public: $140 Billion
Gross domestic product: $5 trillion
Interest rate: 6 percent 
Required reserve ratio: 0.05

A. How large is the money supply?
B. How much excess reserves are there?
c. What is the money multiplier?
d. What is the available lending capacity?"

Answers

(5)
Status NEW Posted 06 Sep 2017 01:09 PM My Price 6.00

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