QueenBlumple6598
03.12.2019 •
Business
Describe and explain what happens to the monetary base, the money multiplier (mm2) and the m2 money supply under each of the following cases: a. the people’s bank of china increases the required reserve ratio on bank deposits. b. the federal reserve bank purchases bonds in the open market. c. the bank of england lowers the bank of england’s discount rate. d. the central bank of russia sells dollars to defend the ruble. e. the federal reserve bank decides to pay interest on banks’ excess reserves held at the fed.
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Ответ:
A, C, D
Step-by-step explanation: The other person accidentally put 49 instead of 42