What is the amount of highpowered money
Assume that the currency-deposit ratio is 32%, the required reserve ratio is 7%, the excess reserve ratio is 1%, and total money supply is $1,320 billion. What is the amount of highpowered money?
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Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annually; the bonds have a $1,000 par value, and the coupon interest rate is 10%. The bonds sell at a price of $850. What is their YTM?
In contrast, it charged almost two times its costs for long distance services. What was the managerial economic rationale for this pricing?
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Banks still want to hold the same percentage of excess reserves, and banks dont change their holdings of Treasury bonds? How much does the money supply change by?
Staley company has 30 order operators with associated costs of $1,000,000 per year. Staley calculated that each operator worked about 2,000 hours per year. Allowing for time off, each operator provided about 1,600 or productive work per year. What
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