Assume that Monetary Base MB 350 billion Required Deposit-00145

Online Quiz This subjective question is related to the book/course vu bt301 Introduction to Biotechnology. It can also be found in vu bt301 Mid Term Solved Past Paper No. 2.

Question 1: Assume that:
Monetary Base ( MB) = $350 billion
Required Deposit Reserve Ratio (rD) = 10%
Excess Reserve Ratio (ER/D) = 5%
Currency Ratio (C/D) = 25%
Calculate the total money supply (M) from this information.

Answer:

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