Asked by Erika
Assume the fallowing date describe the condition the bankercy systemTotal reserve 200 billions
Transaction deposit 800 billion
Cash held by public 100 billion
by public
reserve requirmend .20
1)How large is m
2) How large reserve requirement?
3) How large are excess reserves?
4) How much more could be loned ?
Take a shot. What do you think are the answers.
I thank you for you help:)
Transaction deposit 800 billion
Cash held by public 100 billion
by public
reserve requirmend .20
1)How large is m
2) How large reserve requirement?
3) How large are excess reserves?
4) How much more could be loned ?
Take a shot. What do you think are the answers.
I thank you for you help:)
Answers
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