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Assume there is no leakage from the banking system and that all commercial banks are loaned up. The required reserve ratio is 16%. If the Fed sells $5 million worth of government securities to the public, the change in the money supply will be
Correlation Matrix
A table showing the correlation coefficients between variables. Each cell in the table shows the correlation between two variables.
Diagonal Row
A series of elements positioned diagonally in a matrix or table, connecting one corner with the opposite corner.
Pearson's Product-moment Correlation Coefficient
A measure of the linear correlation between two variables X and Y, providing a value between +1 and -1 inclusive.
Frequency Distribution
A method for illustrating how often scores occur in groups called class intervals.
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