Reflect on the inflation rate of 13.29% of December 1979 and discuss the very rapid growth in money supply due to the recent expansionary policy.
September 3, 2020
A manufacturer of computer workstations gathered average monthly sales figures from its 56 branch offices and dealerships across the country and…
September 3, 2020

In a hypothetical economy, high-power money is 2000 MUC and the money supply is 6000 MUC. Currently deposit ratio is estimated to be 0.2. The central bank sells government securities worth 500 MUC in the open market. Even after the open market sale, if the central bank wants to maintain the money supply at the same level, the reserve ratio should be

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