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Other Fields Homework Help Economics Topic started by: valputin on Nov 28, 2015



Title: If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkable d
Post by: valputin on Nov 28, 2015
If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkable deposits are $900 billion, then the money supply is ________ billion.
A) $1800
B) $2700
C) $3000
D) $1200


Title: Re: If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkab
Post by: Meela on Dec 1, 2015
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Title: Re: If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkable d
Post by: valputin on Dec 14, 2015
Thank you


Title: Re: If the required reserve ratio is one-third, currency in circulation is $300 billion, and checkable d
Post by: Meela on Dec 14, 2015
Great! Happy to be right :p