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Assume the following data describe the condition of the banking system:
Total reserve $200 billion
Transactions deposits $800 billion
Cash held by public $100 billion
Reserve Requirement 0.20
How large is the MI money supply?
How large are required reserve?
How large are excess reserve?
By how much could the banks increase their lending activities?
What will be the total effect on the M3 money supply?
thomas malthus argued that capitalism was unstable due to booms and busts in the economy and so he wanted to see more
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During spring break, students have an elasticity of demand for a trip to Florida of -3. How much should an airline charge students for a ticket if the price it charges the general public is $360? Assume the general public has a price-elasticity of de..
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