Consder the tlomg stunons 2 Bank reserves are S100 me putic hoids 3200 in curency and the desred esene-depcst ranos E25 Fed deposts and he money supply Instructions: Enter your responses as ger vates Depests Money spply . The mones suppy e ss00 nd cunency hetd by the putic equas bar resenves The sesred reserve depost ato 025 Find cmrency het ty he putec and bark reserves tructione Eme y epone vam Curency heby he putnc Bank reserves
Consder the tlomg stunons 2 Bank reserves are S100 me putic hoids 3200 in curency and the desred esene-depcst ranos E25 Fed deposts and he money supply Instructions: Enter your responses as ger vates Depests Money spply . The mones suppy e ss00 nd cunency hetd by the putic equas bar resenves The sesred reserve depost ato 025 Find cmrency het ty he putec and bark reserves tructione Eme y epone vam Curency heby he putnc Bank reserves
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Consider the tolowing stuations
a Bank reserves are 5100, he pubic hoids 5200 in curency, and the desired reserve-deposit ratio is 025 Find deposits and the money supply
Instructions: Entar your respanses as iager values
Deposits
Money supoly
b. The money supply is $500 and currency held by the putic equals bark reserves The desired reserve-depost ratio s0 25 Find currency held ty the pubic and bank reserves.
Instructione Emer your respornen iteger valuen
Currency hekd by the putic
Bank reserves](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc4d1641-5008-4ae0-8baf-2396535db2ac%2F29e1d86e-80ef-4a6f-9895-b109cc271a5a%2Fjrqzdxp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the tolowing stuations
a Bank reserves are 5100, he pubic hoids 5200 in curency, and the desired reserve-deposit ratio is 025 Find deposits and the money supply
Instructions: Entar your respanses as iager values
Deposits
Money supoly
b. The money supply is $500 and currency held by the putic equals bark reserves The desired reserve-depost ratio s0 25 Find currency held ty the pubic and bank reserves.
Instructione Emer your respornen iteger valuen
Currency hekd by the putic
Bank reserves
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