UC知道经济学高手来 用英文回答
来源：百度知道 编辑：UC知道 时间：2024/05/25 06:27:18
1.The following data shows the informaiton published by the central bank of a nation.
Monetary base 200billion
Required reserve of commercial banks 20 billion
Total reserves of central bank 30 billion
Currency in circulation 70billion
Retail sight deposits 200billion
Wholesale sight deposits 200billion
a.Determine the amount of Excess reserves.
b.The required reserve ratio.
c.Suppose the money multiplier is 2.5. If the central bank want to increase the money supply by 1 billion dollars. What should the central bank do in the open market?
Monetary base 200billion
Required reserve of commercial banks 20 billion
Total reserves of central bank 30 billion
Currency in circulation 70billion
Retail sight deposits 200billion
Wholesale sight deposits 200billion
a.Determine the amount of Excess reserves.
b.The required reserve ratio.
c.Suppose the money multiplier is 2.5. If the central bank want to increase the money supply by 1 billion dollars. What should the central bank do in the open market?
i don't know whether there is something wrong or not. As far as i know, monetary base(B) equals currency in circulation plus reserves,which is 100billion here.Where is "Monetary base 200billion " from, then?
a. excess reserves equals the actual reserve minus the required one, that is:30-20=10billion
b.rr(required reserve ratio)=required reserve/deposits=20/(200+200)=5%
c.money supply=money multiplier*B=2.5*B=1billion
solve the equation above: B=0.4billion
so, the central bank should purchase o.4billion government bonds from the public in the open market.