The money multiplier In the following data table, calculate the amount of excess reserves and the monetary base and then use the table to answer the…
The money multiplier
In the following data table, calculate the amount of excess reserves and the monetary base and then use the table to answer the questions that follow.
Category
Value
(Billions of Dollars)
Currency,
C 550.00Deposits,
D200.00
Reserves,
R31.00
Required Reserves, RR28.00
Excess Reserves 31-28=3
Monetary Base 550+31=581
what is the currency ratio
what is the required reserve ratio
what is the excess reserve ratio
what is the money supply multiplier
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