size of bank reserves (R)? What is the money multiplier? What is the money supply? What is the velocity of money

Consider an economy in which the money supply consists of both currency and deposits. The growth rate of the monetary base, the growth rate of the money supply, inflation, and expected inflation all are constant at 10% per year. Output and the real interest rate are constant. Monetary data for this economy as of January 1, 2016, are as follows: Currency held by nonbank public $200 Bank reserves $50 Monetary base $250 Deposits $600 Money supply $800 a. What is the nominal value of seignorage over the year? (Hint: How much monetary base is created during the year?) b. Suppose that deposits and bank reserves pay no interest, and that banks lend deposits not held as reserves at the market rate of interest. Who pays the inflation tax (measured in nominal terms), and how much do they pay? (Hint: The inflation tax paid by banks in this example is negative.) c. Suppose that deposits pay a market rate of interest. Who pays the inflation tax, and how much do they pay?

Currency in Circulation (October 2020) 40.5 billion Nigerian currency Reserves (October 2020) 34.2 billion Nigeriancurrency M1 (October 2020) 2,465.9 billion Nigeriancurrency M2 (October 2020) 2,638.8 billion Nigeriancurrency Calculate the size of the actual money (M2) multiplier in October 2020.  Round your answer to one decimal place.   Nigeria's central bank, N. Bank, has not set a required reserve ratio (you can treat the required reserve ratio as 0%).  Calcuate the excess reserve ratio for Norway in October 2020.  Enter your answer in percent form without the percent sign.  Round to one decimal place.

You are given the following information: Bank deposits (D) 350  Currency-to-deposits ratio (c) 0.20  Required reserve ratio (rr) 0.15  Solve for the monetary base level (B) in this economy. Solve for the level of bank reserves (R) in this economy. Solve for the money supply level (M) in this economy. Suppose there is a sudden rise in the currency-to-deposits ratio, from the original level of 0.2 to a new level of 0.4. If everything else remains unchanged, find the level of monetary base needed to keep money supply fixed at the level you solved for in part c. Continue to consider c=0.4. Find the level of required reserve ratio needed to keep the monetary base and the money supply fixed at the level you solved or in parts a and c, respectively.