What would be the equilibrium value of total money stock

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what is the value of the money multiplier given each of the following sets of values for CUR and RES? (a) CUR = .5 and RES = .25 (b) CUR = .15 and RES = .25 (c) CUR = .1 and RES = .25. for each of these cases, what would be the equilibrium value of total money stock assuming a monetary base of $10 trillion?

Reference no: EM13151125

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