Required Excel Round Deposits Rece Reserved Loame of 20% 50% of proceeds are held a currency Lose proceeds redepot circulation by people (Enter Enter your expo тер покропи покро покро here) here) your your покрова Enter your (Enter your пров покропи покрови here) покрови here.) here) here) your покропи поро here) Enter your (Enter your тер поро hene) here) here) here.) (Enter your your P покр Enter your теров покрови покропи here) покрови here) here) hene) here) (Enter your Enter your your your 10 покроп покропи покро Exp here) покроп here) here.) here.) (Enter Enter your (Enter your your your Totals покроп теров покрови покрови поро hare) here.) here) here) here.) b. Calculate the new money supply. 1. In the hypothetical country of Westlandia, banks are required to hold 20% of checkable deposits as reserves. The public holds 50% of the loans as currency in circulation and redeposits the remaining 50% percent of the loans. a. Complete the table (calculations should be to no more than two decimal places). 50% of Тоян proceeds Loan Round Deposits Required Reserves of 20% Excess Reserves New are held as Loans currency in circulation proceeds redeposite d by people (Enter (Enter (Enter your (Enter your (Enter your 1 your your $500 response response response here.) response here.) response here.) here.) here.) (Enter (Enter (Enter your 2 your your (Enter your (Enter your (Enter your response response response response response here.) response here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter your (Enter your (Enter your your your your 3 response response response response response response here.) here.) here.) here.) here.) here.) (Enter (Enter (Enter → your your (Enter your your (Enter your (Enter your response response response response response here.) here.) response here.) here.) here.) here.) (Enter (Enter your (Enter your your (Enter your (Enter your (Enter your 5 response response response here.) here.) here.) response here.) response here.) response here.)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Related questions
Question

Macroeco assign part 1

Required
Excel
Round
Deposits
Rece
Reserved
Loame
of 20%
50% of
proceeds
are held a
currency
Lose
proceeds
redepot
circulation
by people
(Enter
Enter your
expo
тер
покропи
покро
покро
here)
here)
your
your
покрова
Enter your (Enter your
пров
покропи
покрови
here)
покрови
here.)
here)
here)
your
покропи
поро
here)
Enter your (Enter your
тер
поро
hene)
here)
here)
here.)
(Enter
your
your
P
покр
Enter your
теров
покрови
покропи
here)
покрови
here)
here)
hene)
here)
(Enter your
Enter your
your
your
10
покроп
покропи
покро
Exp
here)
покроп
here)
here.)
here.)
(Enter
Enter your (Enter your
your
your
Totals
покроп
теров
покрови
покрови
поро
hare)
here.)
here)
here)
here.)
b. Calculate the new money supply.
Transcribed Image Text:Required Excel Round Deposits Rece Reserved Loame of 20% 50% of proceeds are held a currency Lose proceeds redepot circulation by people (Enter Enter your expo тер покропи покро покро here) here) your your покрова Enter your (Enter your пров покропи покрови here) покрови here.) here) here) your покропи поро here) Enter your (Enter your тер поро hene) here) here) here.) (Enter your your P покр Enter your теров покрови покропи here) покрови here) here) hene) here) (Enter your Enter your your your 10 покроп покропи покро Exp here) покроп here) here.) here.) (Enter Enter your (Enter your your your Totals покроп теров покрови покрови поро hare) here.) here) here) here.) b. Calculate the new money supply.
1. In the hypothetical country of Westlandia, banks are required to hold 20% of checkable
deposits as reserves. The public holds 50% of the loans as currency in circulation and redeposits
the remaining 50% percent of the loans.
a. Complete the table (calculations should be to no more than two decimal places).
50% of
Тоян
proceeds
Loan
Round
Deposits
Required
Reserves
of 20%
Excess
Reserves
New
are held as
Loans
currency
in
circulation
proceeds
redeposite
d
by people
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1
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Transcribed Image Text:1. In the hypothetical country of Westlandia, banks are required to hold 20% of checkable deposits as reserves. The public holds 50% of the loans as currency in circulation and redeposits the remaining 50% percent of the loans. a. Complete the table (calculations should be to no more than two decimal places). 50% of Тоян proceeds Loan Round Deposits Required Reserves of 20% Excess Reserves New are held as Loans currency in circulation proceeds redeposite d by people (Enter (Enter (Enter your (Enter your (Enter your 1 your your $500 response response response here.) response here.) response here.) here.) here.) (Enter (Enter (Enter your 2 your your (Enter your (Enter your (Enter your response response response response response here.) response here.) here.) here.) here.) here.) (Enter (Enter (Enter (Enter your (Enter your (Enter your your your your 3 response response response response response response here.) here.) here.) here.) here.) here.) (Enter (Enter (Enter → your your (Enter your your (Enter your (Enter your response response response response response here.) here.) response here.) here.) here.) here.) (Enter (Enter your (Enter your your (Enter your (Enter your (Enter your 5 response response response here.) here.) here.) response here.) response here.) response here.)
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