what are the changes in deposits, currency holdings and money stock for an open market sale of $1,00,000? Given that required reserve ratio is 10%, the desired excess reserve ratio is 5% and desired currency to deposit ratio is 25%.

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After suffering two years of staggering hyperinflation, the African nation of Zimbabwe officially abandoned its currency, the Zimbabwean dollar, in April 2009 and made the U.S. dollar its official currency. Why would anyone in Zimbabwe be willing to accept U.S. dollars in exchange for goods and services?

No written by hand solution

Compare the use of open market operations, discounting, and changes in reserve requirements to control the money supply

2. Consider the following data (all values are in billions of dollars): (b) Currency Transactional deposits Bank reserves June 1930 June 1931 June 1932 $ 3.681 3.995 4.959 21.612 19.888 15.490 3.227 3.307 2.829 (a) Calculate the values for each period for the currency-deposit ratio, the ratio of total reserves to deposits, the monetary base, M1, and the money multiplier. Can you explain why the currency-deposit ratio and the ratio of total reserves to deposits moved as they did between 1930 and 1932(Great depression era)?

8:30 1 19) Which of the following is a function that money serves? A) medium of exchange B) unit of value C) store of account D) All of the above are correct.

If the actual reserve ratio is 16%, what is the money multiplier? Include up to two decimal places, if needed.

what is the excess reserve amount if the total reserve is $48 billion dollars and the required ratio is 0.07?

Match the function of money with the definition