Assets Liabilities and Equity Reserves $20,000 Deposits S100,000 Loans 95,000 Debt 30,000 Securities 30,000 Equity 15,000 Suppose the public holds $40,000 in currency and using the table above, determine the monetary base and money supply? O S40.000 and $120,000 $60,000 and S140,000 $60,000 and S120,000 $40,000 and $145,000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Banks Balance Sheet
Assets
Liabilities and Equity
Reserves $20,000 Deposits
$100,000
Loans
95,000 Debt
30,000
Securities 30,000 Equity
15,000
Suppose the public holds $40,000 in currency and using the table above, determine the monetary base and money supply?
O $40,000 and $120,000
$60,000 and $140,000
S60,000 and S120,000
O $40,000 and $145,000
Transcribed Image Text:Banks Balance Sheet Assets Liabilities and Equity Reserves $20,000 Deposits $100,000 Loans 95,000 Debt 30,000 Securities 30,000 Equity 15,000 Suppose the public holds $40,000 in currency and using the table above, determine the monetary base and money supply? O $40,000 and $120,000 $60,000 and $140,000 S60,000 and S120,000 O $40,000 and $145,000
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