Assume that the currency-deposit ratio is 05 the federal
Assume that the currency-deposit ratio is 0.5. The Federal Reserve carries out open-market operations, purchasing $1 million worth of bonds from banks. This action increased the money supply by $2 million. What is the reserve-deposit ratio?
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assume that the currency-deposit ratio is 05 the federal reserve carries out open-market operations purchasing 1
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Answers this question in first person narration, Long essay, simple words if I am planning to have a Career as a Social Worker to become a Probation Officer:
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