Top Posters
Since Sunday
8
5
z
4
n
4
t
4
3
k
3
x
3
r
3
m
3
j
3
c
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Scribs Scribs
wrote...
Go to Answer
Posts: 1074
Rep: 0 0
7 years ago
The stock of high-powered money in the economy is $80 billion. The bank reserve-holding ratio is 0.12 and the public wishes to hold 10% of its deposits as cash. The level of bank deposits will be
A) $333 billion.
B) $100 billion.
C) $250 billion.
D) $200 billion.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 48 times
1 Reply
Replies
Answer verified by a subject expert
supersuinegsupersuineg
wrote...
#1
Top Poster
Posts: 1020
Rep: 11 0
7 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

Scribs Author
wrote...

7 years ago
Good timing, thanks!
mkyoungs
wrote...

Yesterday
Helped a lot
macbookpro1
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  828 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 318
  
 1046
  
 347
Your Opinion
What's your favorite funny biology word?
Votes: 401
Previous poll results: Does a gender wage gap exist in America?