Homework Answers
M1 = Coins and currency in circulation + Chequeable deposits = (50 + 450) + 1000 = $1500 Billion
M2 = M1 + Fixed term and other deposits = 1500 + 750 = $2250 Billion
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Worked Problem (static) Use the information given on the right to make the following calculations. 1....
Worked Problem (static) Question He Use the information given on the right to make the following...
Worked Problem (static) Question He Use the information given on the right to make the following calculations. 1. Calculate the M1 and M2 measures of money. M1 is $ 1,050 billion M2 is $ 6,800 billion. In June 2014, individuals and businesses held: • $50 billion in currency • $1,000 billion in chequable deposits • $5,000 billion in non-chequable deposits • $750 billion in fixed term deposits and other deposits In June 2014, banks held: • $450 billion in currency...
question 3 In June 2014, individuals and businesses held: • $50 billion in currency • $1,000...
question 3
In June 2014, individuals and businesses held: • $50 billion in currency • $1,000 billion in chequable deposits • $5,000 billion in non-chequable deposits • $750 billion in fixed term deposits and other deposits In June 2014, banks held: • $450 billion in currency • $100 billion in reserves at the central bank $800 billion in loans to households and businesses Use the information given on the right to make the following calculations. 1. Calculate the M1 and...
Money and the Money Market Using the money market graph, show the effects of an increase...
Money and the Money Market Using the money market graph, show the effects of an increase in the price level. Please describe the changes beside your graph. (5 marks) In an economy for the month of June 2019, individuals and businesses held $35 billion in currency, there was $246 billion in personal chequable deposits and $325 billion in non-personal chequable deposits; non-chequable personal deposits were $164 billion and non-chequable business deposits were $39 billion, and term deposits totaled $314 billion....
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402...
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402 billion; savings deposits were $6,884 billion; time deposits were $583 billion; and money market funds and other deposits were S 647 billion. checks were $4 billion; checkable deposits owned by individuals and Calculate M1 and M2 in June 2013 M1 in June 2013 is billion M2 in June 2013 is $ billion.
1.)The ____________ is the sum of currency and reserve deposits, the monetary _________ of the central...
1.)The ____________ is the sum of currency and reserve deposits, the monetary _________ of the central bank A.)money stock; assets B.)money stock; liabilities C.)monetary base; liabilities D.)monetary base; assets 2.)Time deposits are ______ liquid than savings deposits and typically earn a _________ interest rate than savings deposits. A.)less; higher B.)more; higher C.)more; lower D.)less; lower 3.)If banks must hold $2 in reserves for each $10 in deposits, and the public decides to hold $3 in currency for each $10 in...
Question 1. (15 points) Suppose that currency in circulation is $600 billion, the amount of chequable...
Question 1. (15 points) Suppose that currency in circulation is $600 billion, the amount of chequable deposits is $900 billion, and excess reserves are $15 billion and the desired reserve ratio is 10%. a. Calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier. b. Suppose the central bank conducts an unusually large open market purchase of bonds held by banks of $1400 billion due to a sharp contraction in the economy. Assuming the...
QUESTION 24 In 1980 the price of a microwave oven was $450 and CPI was 82....
QUESTION 24 In 1980 the price of a microwave oven was $450 and CPI was 82. Today the price of a microwave overn is $100 and CPI is 259. Round to two decimal places. What is the 1980 price of a microwave oven measured in todays dollars? $ What is todays price of a microwave oven measured in 1980 dollars? $ 4 points QUESTION 25 The U.S. dollar is called faith money. fiat money because the law decrees it...
U.S. Economy Data Value $100 Billion $50 Billion $1 Billion $30 Billion Category Total Reserves (asset...
U.S. Economy Data Value $100 Billion $50 Billion $1 Billion $30 Billion Category Total Reserves (asset for private banks, kept at Federal Reserve) Currency (assets for firms, households) Value of Euros in the U.S. (assets for private banks, firms, households, etc.) U.S. Gov't bonds (assets for private banks, firms, households, etc.) Demand deposits (liability for private banks) Corporate and consumer loans (asset for private banks) Mortgage loans (asset for private banks) Certificates of Deposit, CDs (liability for private banks) Reserve...
Please Please answer if you are Expert and you know the answer 100% correct. Also, please...
Please Please answer if you are Expert and you know
the answer 100% correct. Also, please include the Fred graph,
and send the graph link and explain how to get the graph as you got
it. thank you
Suppose that currency in circulation is $800 billion, the amount of checkable deposits is $1200 billion, the required reserve ratio is 10% and excess reserves are $12 billion a. Calculate the money supply, the currency-to-deposit ratio, the excess reserve ratio, and the...
O D. currency in circulation plus checkable deposits plus traveler's checks Use the following to answer...
O D. currency in circulation plus checkable deposits plus traveler's checks Use the following to answer questions 26-28: Table 9-1 Components of the Money Supply Currency Checkable deposits Traveler's checks Small-denomination time deposits Savings deposits Money market nutual funds Other liquid assets Large-denomination time deposits S billion 100 300 50 700 75 500 150 200 (individuals) 26. Refer to Table 9-1. The money supply measured by M1 O A. $325 billion. O B. $450 billion. О С.$1,425 billion. O D....
Worked Problem (static) Question He Use the information given on the right to make the following calculations. 1. Calculate the M1 and M2 measures of money. M1 is $ 1,050 billion M2 is $ 6,800 billion. In June 2014, individuals and businesses held: • $50 billion in currency • $1,000 billion in chequable deposits • $5,000 billion in non-chequable deposits • $750 billion in fixed term deposits and other deposits In June 2014, banks held: • $450 billion in currency...
question 3
In June 2014, individuals and businesses held: • $50 billion in currency • $1,000 billion in chequable deposits • $5,000 billion in non-chequable deposits • $750 billion in fixed term deposits and other deposits In June 2014, banks held: • $450 billion in currency • $100 billion in reserves at the central bank $800 billion in loans to households and businesses Use the information given on the right to make the following calculations. 1. Calculate the M1 and...
In June 2013, currency held by individuals and businesses was $1,124 billion; traveler's businesses were $1,402 billion; savings deposits were $6,884 billion; time deposits were $583 billion; and money market funds and other deposits were S 647 billion. checks were $4 billion; checkable deposits owned by individuals and Calculate M1 and M2 in June 2013 M1 in June 2013 is billion M2 in June 2013 is $ billion.
Question 1. (15 points) Suppose that currency in circulation is $600 billion, the amount of chequable deposits is $900 billion, and excess reserves are $15 billion and the desired reserve ratio is 10%. a. Calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier. b. Suppose the central bank conducts an unusually large open market purchase of bonds held by banks of $1400 billion due to a sharp contraction in the economy. Assuming the...
U.S. Economy Data Value $100 Billion $50 Billion $1 Billion $30 Billion Category Total Reserves (asset for private banks, kept at Federal Reserve) Currency (assets for firms, households) Value of Euros in the U.S. (assets for private banks, firms, households, etc.) U.S. Gov't bonds (assets for private banks, firms, households, etc.) Demand deposits (liability for private banks) Corporate and consumer loans (asset for private banks) Mortgage loans (asset for private banks) Certificates of Deposit, CDs (liability for private banks) Reserve...
Please Please answer if you are Expert and you know
the answer 100% correct. Also, please include the Fred graph,
and send the graph link and explain how to get the graph as you got
it. thank you
Suppose that currency in circulation is $800 billion, the amount of checkable deposits is $1200 billion, the required reserve ratio is 10% and excess reserves are $12 billion a. Calculate the money supply, the currency-to-deposit ratio, the excess reserve ratio, and the...
O D. currency in circulation plus checkable deposits plus traveler's checks Use the following to answer questions 26-28: Table 9-1 Components of the Money Supply Currency Checkable deposits Traveler's checks Small-denomination time deposits Savings deposits Money market nutual funds Other liquid assets Large-denomination time deposits S billion 100 300 50 700 75 500 150 200 (individuals) 26. Refer to Table 9-1. The money supply measured by M1 O A. $325 billion. O B. $450 billion. О С.$1,425 billion. O D....
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