The Money Supply in Econland Is 1,500,and Currency Held by the Public

question 101

Multiple Choice

The money supply in Econland is 1,500,and currency held by the public is equal to bank reserves.The desired reserve-deposit ratio is 0.20.Bank reserves equal

• A) 200.
• B) 250.
• C) 300.
• D) 500.
• E) 1,500.

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