Business, 05.05.2020 22:41 isabelzavalalopez28
The currency in Macroland is called econs. In Macroland, the public holds 2,000 econs in currency; commercial bank reserves are 300 econs; and the desired reserve-to-deposit ratio of the commercial banks is 10%. If the Central Bank of Macroland prints an additional 200 econs and uses this new currency to buy government bonds from the public, the money supply in Macroland will , assuming that the public does not wish to change the amount of currency it holds from before.
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The currency in Macroland is called econs. In Macroland, the public holds 2,000 econs in currency; c...
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