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If A=10i + 14j what is [A]
asked
Mar 16, 2022
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Physics & Space Science
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Duchess Purple
algebra-and-trigonometry
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Suppose that in Mysore, the reserve-deposit ratio is res = 0.5 - 2 i,where i is the nominal interest rate. The currency-deposit ratio is 0.2 and the monetary base equals 100. The real quantity of money demanded is given by the money demand function L(Y, i) = 0.5Y - 10i,where Y is real output. Currently, the real interest rate is 5% and the economy expects an inflation rate of 5%. The money multiplier equals
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Suppose that in Mysore, the reserve-deposit ratio is res = 0.5 - 2i,where i is the nominal interest rate. The currency-deposit ratio is 0.2 and the monetary base equals 100. The real quantity of money demanded is given by the money demand function L(Y, i) = 0.5Y - 10i,where Y is real output. Currently, the real interest rate is 5% and the economy expects an inflation rate of 5%. The money supply equals
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