Social Studies, 04.12.2020 16:50 myhomeacc32
Refer to Scenario 29-1 . Suppose the Central Bank of Namdia purchases 25 million dias of Namdian Treasury Bonds from banks. Suppose also that both the reserve requirement and the percentage of deposits held as excess reserves stay the same. By how much would the money supply of Namdia change?
Answers: 3
![[\frac{1 + \frac{C}{D} }{(\frac{C}{D} + \frac{RR}{D} + \frac{ER}{D} )} ]](/tpl/images/0949/8221/023c4.png)
![[\frac{1 + \frac{0}{1000} }{(\frac{0}{1000} + \frac{100}{1000} + \frac{25}{1000} )} ]](/tpl/images/0949/8221/df719.png)
![[\frac{1}{(0.1 + 0.025)} ]](/tpl/images/0949/8221/87414.png)
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Refer to Scenario 29-1 . Suppose the Central Bank of Namdia purchases 25 million dias of Namdian Tre...
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