Find money supply and level of reserves of financial sheet, Microeconomics

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Find money supply and level of reserves of financial sheet

Monetary aggregate of the US financial sheet

Item
Cash held by public: $30 billion
Transaction deposits: $75 billion
Required reserves: $15 billion
Excess Reserves $0
US bonds held by public $125 billion

The money supply (MI) IN THE ABOVE DATA IS

A) $105 billion
B) $30 billion
C) $70 billion
D) 125 billion

Also what is level of reserves for this question?

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Microeconomics: Find money supply and level of reserves of financial sheet

Reference No:- TGS058137

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Microeconomics: Find money supply and level of reserves of financial sheet

Reference No:- TGS058137

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

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Ask an Expert for Answer!!

Microeconomics: Find money supply and level of reserves of financial sheet

Reference No:- TGS058137

Recent Questions Asked Microeconomics

Q : Resolution of where have you gone charming billy

Q : Gain or loss on the disposition of machine

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Q : Should motel be built based on decision on irr analysis

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