This is the balance sheet of the bank, which is the only bank in the economy. The reserve ratio is 2%. In the economy, the amount of bonds is 2000, the amount of stocks is 1000, and the amount of currency is 300. Answer the money supply.

Economics Today and Tomorrow, Student Edition
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Chapter6: Saving And Investing
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This is the balance sheet of the bank, which is the only bank in the economy. The reserve ratio is 2%.

In the economy, the amount of bonds is 2000, the amount of stocks is 1000, and the amount of currency is 300.
Answer the money supply. 

Assets
Liabilities
Reserves
?
Deposits
Loans
2450
Transcribed Image Text:Assets Liabilities Reserves ? Deposits Loans 2450
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