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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 19
At the end of December 2011, the monetary base in the United States was $2,615 billion, Federal Reserve notes were $999 billion, and banks' reserves at the Fed were $1,597 billion. Calculate the quantity of coins.
Explanation
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Given information:
• Monetary base is $...
Macroeconomics 11th Edition by Michael Parkin
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