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Assume that the following data describe the condition of the banking system:
Total Reserves $200 billion
Transactions Deposited $700 billion
Cash held by public $100 billion
Reserve Requirement 0.20
(a) How large is the money supply (M1)?
(b) How large are required reserves?
(c) How large are excess reserves?
(d) By how much could the banks increase their lending activity?
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A company is assessing a proposed 4-year project. The depreciable cost will involve the following: $300,000 for the equipment, $20,000 for shipping, and $30,000 for installation.
how can a country maintain equilibrium GDP with foreign trade?
definition and charactoristics of index numbers.problems while constructing index numbers
Historically, the proportion of students entering a university who finished in 4 years or less was 64%. To test whether this proportion has decreased, 122 students were examined an
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