expand icon
book Macroeconomics 13th Edition by William Baumol ,Alan Blinder cover

Macroeconomics 13th Edition by William Baumol ,Alan Blinder

النسخة 13الرقم المعياري الدولي: 978-1305280601
book Macroeconomics 13th Edition by William Baumol ,Alan Blinder cover

Macroeconomics 13th Edition by William Baumol ,Alan Blinder

النسخة 13الرقم المعياري الدولي: 978-1305280601
تمرين 4
For each of the transactions listed in Test Yourself Question 3, what will be the ultimate effect on the money supply if the required reserve ratio is one-eighth (12.5 percent) Assume that the oversimplified money multiplier formula applies.
Reference Test Yourself Question 3
Use tables such as Tables 2 and 3 to illustrate what happens to bank balance sheets when each of the following transactions occurs:
a. You withdraw $100 from your checking account to buy concert tickets.
b. Sam finds a $100 bill on the sidewalk and deposits it into his checking account.
c. Mary Q. Contrary withdraws $500 in cash from her account at Hometown Bank, carries it to the city, and deposits it into her account at Big City Bank.
التوضيح
موثّق
like image
like image
close menu
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
cross icon