Elucidate information about the economy of nocoin

Assignment Help Business Economics

Reference no: EM1352421

You are given the following information about the economy of Nocoin: The banks have deposits of $300 billion, two thirds of which is in deposits with the central bank. Households and firms hold $30 billion in banknotes. There are no coins. calculate the monetary base, the quantity of money, the banks' reserve ratio (as a percentage), and the currency drain ratio (as a percentage).

Reference no: EM1352421

Questions Cloud

Leverage affects on ebit and eps : I heard something from Bob the bartender the other day. He said one type of leverage affects both EBIT and EPS.

What is the electrostatic force that acts on this charge : At 18°C, a rod is exactly 20 cm long on a steel ruler. Both the rod and the ruler are placed in an oven at 285°C, where the rod now measures 20.21 cm on the same ruler. What is the coefficient of linear expansion for the material of which the rod ..

Explain if an investment does not fit with an organization : Explain If an investment does not fit with an organization's strategic plan and Under what conditions would this be a true statement?

Manage effectively the competing demands : Explain how exactly would you reconcile and manage effectively the competing demands that are surfacing even before you start your official job duties?

Elucidate information about the economy of nocoin : You are given the following information about the economy of Nocoin: The banks have submitted of $300 billion, two thirds of which is in deposits with the central bank.

Fundamentals of psychology : what are the two first school of thought that emerged in psychology? what did they focus on? what did behaviorism focus on?what was the focus of humaistic psychology?

Converting user form into 1nf and 2nf : Complete database exercise by converting user form located the evaluation procedures section of the syllabus into 1NF and 2NF.

Managing organizational behavior : Dsecribe how these elements of communication can impact individual behavior in managing organizational behavior.

During the collision at the bottom of the elevator shaft : What are the magnitudes of the (a) impulse and (b) average force on the passenger during the collision? If the passenger were to jump upward with a speed of 6.00 m/s relative to the cab floor just before the cab hits the bottom of the shaft, what ..

User Account

All Pages