The central bank of Malawi has issued $110,000 in Malawian dollars. What is the size of the money supply in each case below? Round your answers below to the nearest whole number. a. Il 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 size of the money supply is $ c. If Malawians have deposited 60% of the currency in Malawi's banks and the banks have a 100% target reserve ratio then the size of the money supply is $[ d. If Malawians have deposited 60% of the currency in Malawi's banks and the banks have a 9% target reserve ratio and are fully loaned up then the size of the money supply is $[

The central bank of Malawi has issued $110,000 in Malawian dollars. What is the size of the money supply in each case below? Round your answers below to the nearest whole number. a. Il 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 size of the money supply is $ c. If Malawians have deposited 60% of the currency in Malawi's banks and the banks have a 100% target reserve ratio then the size of the money supply is $[ d. If Malawians have deposited 60% of the currency in Malawi's banks and the banks have a 9% target reserve ratio and are fully loaned up then the size of the money supply is $[

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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