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dangina [55]
2 years ago
5

The economy of Elmendyn contains 900 $1 bills. If people hold all money as currency, the quantity of money is $ . If people hold

all money as demand deposits and banks maintain 100 percent reserves, the quantity of money is $ . If people hold equal amounts of currency and demand deposits and banks maintain 100 percent reserves, the quantity of money is $ . If people hold all money as demand deposits and banks maintain a reserve ratio of 12.5 percent, the quantity of money is $ . If people hold equal amounts of currency and demand deposits and banks maintain a reserve ratio of 12.5 percent, the quantity of money is $ .
Business
1 answer:
Anettt [7]2 years ago
7 0

Answer:

a)    900 dollar as all is M0

b)    900 as the deposit have no multiplier effect

c)    900 as there is no multiplier effect

d) 7,200 taking into consideration the multipler effect from the bank deposit.

e) 4,050 considering the deposit multiplier effect

Explanation:

a; b ; c ) as there is no multiplier effect the quantity of money matches the nominal currency.

d)

M0 (currency and coins) 0

M1 900 / 0.125 =  7,200

e)

currency : 900 / 2 = 450 M0

deposit :

450 / 0.125 = 3,600 M1

Total 4,050

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Answer:

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Eric is considering an investment that will pay $8, 200 a year for five years, starting one year from today. What is the maximum
astra-53 [7]

Answer:

$30, 154.50

Explanation:

For compute the maximum amount, we need to calculate the present value which is shown below:

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Explain the role of cognitive shortcomings in the WorldCom fraud and how social and organizational pressures influenced Betty Vi
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On February 1st, H&B Bank originated a loan for $50,000 at an interest rate of 7.2%. On March 15th, an interest payment of $
irina [24]

Answer:

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