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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
Edition 10ISBN: 978-0132763646 Exercise 14
An important aspect of the supply of money is reserve balances. Go to http://www.federalreserve.gov/Releases/h41/ and locate the most recent release. This site reports changes in factors that affect depository reserve balances.
a. What is the current reserve balance?
b. What is the change in reserve balances since a year ago?
c. Based on your results in parts (a) and (b), does it appear that the money supply should be increasing or decreasing?
a. What is the current reserve balance?
b. What is the change in reserve balances since a year ago?
c. Based on your results in parts (a) and (b), does it appear that the money supply should be increasing or decreasing?
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The Economics of Money, Banking, and Financial Markets 10th Edition by Frederic Mishkin
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