Business, 17.07.2021 03:50 camperjamari12
In the economy of Nocoin bank deposits are ​$ billion. Bank reserves are ​$ ​billion, of which two thirds are deposits with the central bank. Households and firms hold ​$ billion in bank notes. There are no coins. Calculate the monetary base and the quantity of money. Calculate the​ banks' desired reserve ratio and the currency drain ratio​ (as percentages).
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In the economy of Nocoin bank deposits are ​$ billion. Bank reserves are ​$ ​billion, of which...
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