Jack asked in Social ScienceEconomics · 1 month ago

In Australia, if the central bank increases the money supply by $150 billion, how much extra money will be generated in the economy?

 Given the currency drain ratio is 33 percent of deposits, and the reserve ratio is 8 percent of deposits.

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  • Zirp
    Lv 7
    1 month ago

    that depends on how enthousiastically people are going to get deeper in debt

    • Jack1 month agoReport

      Just a general economics question I got given 

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