Refer to the accompanying consolidated balance sheet for the commercial banking system. Assume the required reserve ratio is 12 percent. All figures are in billions of dollars. The maximum amount by which the commercial banking system can expand the supply of money by lending is

$350 billion

Explanation:

Base on the scenario been described in the question, referring to the consolidated balance sheet, for the commercial banking system the maximum amount by which the commercial banking system can expand the supply of money by lending to is customers using a assumed reserve ratio of 12% percent in billions is $350 billion.

This is the stipulated amount the commercial banking system can expand in the lending of money.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer(c) factors of production;