Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
johnpaul92 johnpaul92
wrote...
Posts: 2600
Rep: 9 0
8 years ago
The money supply is $10 million, currency held by the nonbank public is $2 million, and the reserve-deposit ratio is 0.2. Bank reserves are equal to
A) $4 million.
B) $8 million.
C) $2 million.
D) $1.6 million.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 125 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
Top Poster
Posts: 2219
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
8 years ago
This answers my question, thank you so much
wrote...
8 years ago
Take care for now
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  912 People Browsing
 113 Signed Up Today
Related Images
  
 195
  
 166
  
 243