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28 Sep 2019
Suppose the required reserve ratio is 10%, excess-to-deposit ratio is 10%, and the currency-to- deposit ratio is 20%. If the Fed buys $50 million worth of securities, what will happen to the money supply?
Suppose the required reserve ratio is 10%, excess-to-deposit ratio is 10%, and the currency-to- deposit ratio is 20%. If the Fed buys $50 million worth of securities, what will happen to the money supply?
Anne Gillian DueroLv10
28 Sep 2019