Business, 30.03.2020 23:52 whocares1234

In Macroland there is $1,000,000 in currency that can either be held by the public as currency or deposited into banks. Banks' desired reserve/deposit ratio is 10%. If the public of Macroland decides to hold more currency, increasing the proportion they hold from 50% to 75%, the money supply in Macroland will .

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In Macroland there is $1,000,000 in currency that can either be held by the public as currency or de...