According to the fed in august 2008 the money multiplier
According to the Fed, in August 2008 the money multiplier was 1.31, reserves were $44billion, and currency in circulation was 1.31. What was the money supply? Show your calculations.
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an example of a permanent supply shock isa opecs oil embargo in the early 70sb the fall of the shah of iran in 1979c
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according to the fed in august 2008 the money multiplier was 131 reserves were 44billion and currency in circulation
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