b. Calculate the new money supply. (Enter response here.) c. Calculate the money multiplier. (Enter response here.)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Honie
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5.
204.8
40.96
163.84
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6.
163.84
32.76
131.07
131.07
131.07
7.
131.07
26.21
104.85
104.85
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8
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83.88
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9.
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67.1
67.1
67.1
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53.68
53.68
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Totals
2231.54
446.3
1785.22
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b. Calculate the new money supply.
(Enter response here.)
c. Calculate the money multiplıer.
(Enter response here.)
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Transcribed Image Text:Honie Times New Roman 12 Styles Editing Edito aste Paragraph E Styles Edito oboard Font 5. 204.8 40.96 163.84 163.84 163.84 6. 163.84 32.76 131.07 131.07 131.07 7. 131.07 26.21 104.85 104.85 104.85 8 104.85 20.97 83.88 83.88 83.88 9. 83.88 16.78 67.1 67.1 67.1 10 67.1 13.42 53.68 53.68 53.68 Totals 2231.54 446.3 1785.22 1785.22 1785.22 b. Calculate the new money supply. (Enter response here.) c. Calculate the money multiplıer. (Enter response here.) Fage 3 of 7 D Focus 尾 1356 words maiorindustries of PalamnósSomelof those corks likely ended in stonning bottiles fromith P Type here to search O f2 f5 f6 40 23 %24 &
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2. In the hypothetical country of Middlelandia, banks are required to hold 20% of checkable
deposits as reserves, and the public holds none of the loans as currency in circulation and
redeposits all of the loans.
a Complete the table (calculations should be to no more than two decimal places).
None of
loan
proceeds
Required
Reserves
Loan
Еxcess
New
are held as
Round
Deposits
proceeds
redeposited
Reserves
Loans
currency
in
of 20%
circulation
by people
500-100 =
%3|
$500
100
400
400
400
2
400
80
320
320
320
3
320
64
256
256
256
4
256
51.2
204.8
204.8
0.
204.8
204.8
40.96
163.84
163.84
163.84
163.84
32.76
131.07
131.07
131.07
131.07
26.21
104.85
104.85
104.85
Page 3 of 7
1356 words
OFocus
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8.
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Transcribed Image Text:AutoSave Cff H 5- BU2C4_Uni. Sign in File Home Insert Design Layout References Mailings Review View Help v 12 v E E E EE A Times New Roman Ld BIU x x A EEEE Aa A A 2 T Paste Styles Editing Editor Clipboard S Font Paragraph E Styles Editor 2. In the hypothetical country of Middlelandia, banks are required to hold 20% of checkable deposits as reserves, and the public holds none of the loans as currency in circulation and redeposits all of the loans. a Complete the table (calculations should be to no more than two decimal places). None of loan proceeds Required Reserves Loan Еxcess New are held as Round Deposits proceeds redeposited Reserves Loans currency in of 20% circulation by people 500-100 = %3| $500 100 400 400 400 2 400 80 320 320 320 3 320 64 256 256 256 4 256 51.2 204.8 204.8 0. 204.8 204.8 40.96 163.84 163.84 163.84 163.84 32.76 131.07 131.07 131.07 131.07 26.21 104.85 104.85 104.85 Page 3 of 7 1356 words OFocus maior industries of Palamós (Some of those corks likely ended up stonnina bottles from the nearb E P Type here to search 米 23 1 6. 8. W R Y %24 12 3.
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