Change in supply of money
Assume the Yukon Bank has the given simplified balance sheet. The reserve ratio is 6.25 %. By how much has the supply of money modified? Explain.
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The money supply has enhanced through $15,750, since it is the amount by which demand deposits have raised, and demand deposits are part of the money supply.
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Budget Act (BA): The annual statute authorizing state departments to use up appropriated funds for the aims stated in the Governor's Budget and improved by the Legislature.
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