a. If Malawians have deposited none of the currency in Malawi's banks then the size of the money supply is $[ b. If Malawians have deposited all of the currency in Malawi's banks and the banks have a 100% target reserve ratio then the si the money supply is $ c. If Malawians have deposited 45% of the currency in Malawi's banks and the banks have a 100% target reserve ratio then the the money supply is $ d. If Malawians have deposited 45% of the currency in Malawi's banks and the banks have a 12% target reserve ratio and are fll loaned up then the size of the money supply is $
a. If Malawians have deposited none of the currency in Malawi's banks then the size of the money supply is $[ b. If Malawians have deposited all of the currency in Malawi's banks and the banks have a 100% target reserve ratio then the si the money supply is $ c. If Malawians have deposited 45% of the currency in Malawi's banks and the banks have a 100% target reserve ratio then the the money supply is $ d. If Malawians have deposited 45% of the currency in Malawi's banks and the banks have a 12% target reserve ratio and are fll loaned up then the size of the money supply is $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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