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Given a money base of 500 million, RRR of 5% and change in reserves for the banking system of 10 thousand. What is the change in deposit? Select one: a. $50, 000 b. $200, 000 c. None of the above d. $100, 000

Given a money base of 500 million, RRR of 5% and change in reserves for the banking system of 10 thousand. What is the change in deposit? Select one: a. $50, 000 b. $200, 000 c. None of the above d. $100, 000

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Given a money base of 500 million, RRR of 5% and change in reserves for the banking system of 10 thousand. What is the change in deposit?
Select one:
a.
$50, 000
b.
$200, 000
c.
None of the above
d.
$100, 000
 
If the government wants to increase the money supply they could:
Select one:
a.
Increase the reserve requirement ratio
b.
Increase the discount rate
c.
All of the above
d.
Buy bonds
 

In a monetary union, individual countries cannot do which of the following:

Select one:
a.

Set their own interest rates

b.

A and C

c.

Change their own exchange rates

d.

Set their own tax rates

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