XECO 212 Week 5 - Checkpoint Money Supply and the Multiplier - 16662

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XECO 212 Week 5 - Checkpoint Money Supply and the Multiplier

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Economics Assignment

 

1.     CheckPoint: Money Supply and the Multiplier

?         Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking deposits and that banks hold no excess reserves and households hold no currency.

?         Submit a 250- to 300-word response addres