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I am stuck on these problems can anyone assist me:
Suppose the required reserve ratio is 20%. The balance sheet for Bank AAA is given below (figures are in billions)
Assets Liabilities
Loans 700 deposits 1000
Bonds 150
Reserves 150
a. How many new loans can Bank AAA make?
b. If it is not possible to change the amount of bonds, explain what would happen to the reserves, loans, and deposits for this bank?
c. If it is possible to change the amount of bonds, how would this change your answer to part (b)?
d. If it is not possible to change the amount of bonds, explain what would have to happen to the deposits in the entire banking system?
If the currency-to-deposit ratio increases, what effect, if any, does this have on the monetary base, the money supply, total deposits, and economic growth?
If the currency-to-deposit ratio is 0.3, the reserve-to-deposit ratio is 0.2, and the amount of currency in circulation is $540 billion, then the money supply is equal to what?
I am stuck on elastic, and inelastic or unitary.
Question: if the price of apples riseds fro $3. 50 a lb to $4.00 and my consumption of appoles drops from 30 lbs of apples a month to 20 lbs . What is the pice of elasticity of demand? How is it calculated?