Solved] In country Panicia, the monetary base is $1,000. People hold a third of their money in the form of currency (and thus two-thirds as bank dep... | Course Hero
![SOLVED: Suppose that: required reserve ratio 0.20 c = CID currency ratio 0.45 ERD excess reserve ralio 0.01 MB = the monetary base S3,000 billion 1+c Given that the formula for the SOLVED: Suppose that: required reserve ratio 0.20 c = CID currency ratio 0.45 ERD excess reserve ralio 0.01 MB = the monetary base S3,000 billion 1+c Given that the formula for the](https://cdn.numerade.com/ask_images/78186d07e83a46af8bbdfe39ae42e264.jpg)
SOLVED: Suppose that: required reserve ratio 0.20 c = CID currency ratio 0.45 ERD excess reserve ralio 0.01 MB = the monetary base S3,000 billion 1+c Given that the formula for the
![The Money Supply Model Money = Currency plus checkable deposits: M1 M = C + D The Fed controls the monetary base better than it controls reserves Link. - ppt download The Money Supply Model Money = Currency plus checkable deposits: M1 M = C + D The Fed controls the monetary base better than it controls reserves Link. - ppt download](https://slideplayer.com/5198456/16/images/slide_1.jpg)
The Money Supply Model Money = Currency plus checkable deposits: M1 M = C + D The Fed controls the monetary base better than it controls reserves Link. - ppt download
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