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MBA,PHD, Juris Doctor
Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
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 percentÂ
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?"
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