wow its kristin
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...ratio? Suppose the required reserve ratio is 10%. Suppose the Federal Reserve Open Market Committee SELLS $100 million worth of US Government bonds for the Fed's portfolio. What is the largest possible total change in the money supply that could eventually result?
Could someone just tell me how to set it up? I don't know where to start, Thanks!
Could someone just tell me how to set it up? I don't know where to start, Thanks!