Business, 20.07.2019 05:00 liamgreene90

24. the banking system currently has $50 billion of reserves, none of which are excess. people hold only deposits and no currency, and the reserve requirement is 10%. if the fed raises the reserve requirement to 12.5% and at the same time sells $10 billion dollars of bonds, then by how much does the money supply change?

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24. the banking system currently has $50 billion of reserves, none of which are excess. people hold...

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