Under the condition that the monetary base is 350 billion but-00407

Online Quiz This subjective question is related to the book/course vu cs201 Introduction to Programming. It can also be found in vu cs201 Mid Term Solved Past Paper No. 10.

Question 1: Under the condition that the monetary base is $350 billion but the required deposit reserve ratio (rD) changes from 10% to 20%, while the excess reserve ratio (ER/D) remained at 5% and the currency ratio (C/D) remained at 25%, what is the total money supply (M) now?

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