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book Macroeconomics 11th Edition by Michael Parkin cover

Macroeconomics 11th Edition by Michael Parkin

النسخة 11الرقم المعياري الدولي: 9780133423884
book Macroeconomics 11th Edition by Michael Parkin cover

Macroeconomics 11th Edition by Michael Parkin

النسخة 11الرقم المعياري الدولي: 9780133423884
تمرين 29
Use the following information to work Problem.
In the economy of Nocoin, banks have deposits of $300 billion. Their reserves are $15 billion, two thirds of which is in deposits with the central bank. Households and firms hold $30 billion in bank notes. There are no coins!
Calculate the banks' desired reserve ratio and the currency drain ratio (as percentages).
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The banks' desired reserve ratio ( DSR )...

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Macroeconomics 11th Edition by Michael Parkin
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