Macro Economics Little MATH PORTION final review (second half 20 questions)

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This is for Macro Economics in college not high school
Andrea N.
Flashcards by Andrea N. , updated more than 1 year ago
Andrea N.
Created by Andrea N. over 2 years ago
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Question Answer
Required Reserves Deposit=$30,000 Reserves Ratio: 5% Find the Required reserves and excess reserves Required reserves: $1,500 Excess reserves: $28,500
Required Reserves Deposit=$30,000 Reserves Ratio: 12% Find the Required reserves and excess reserves Required reserves: $3,600 Excess reserves: $26,400
Required Reserves Deposit=$30,000 Reserves Ratio: 15% Find the Required reserves and excess reserves Required reserves: $4,500 Excess reserves: $25,500
Required Reserves Deposit=$30,000 Reserves Ratio: 18% Find the Required reserves and excess reserves Required reserves: $5,400 Excess reserves: $24,600
Money Multiplier (1/r): 5% 20
Money Multiplier (1/r): 10% 10
Money Multiplier (1/r): 40% 2.5
Money Multiplier (1/r): 25% 4
Money Multiplier (1/r): 50% 2
Increase Purchase- 12,000 MPC: .9 Find: MPS: Multiplier: Multiplier Effect: MPS: .1 Multiplier: 10 Multiplier Effect: 120,000
Increase Purchase- 45,000 MPC: .75 Find: MPS: Multiplier: Multiplier Effect: MPS: .25 Multiplier: 4 Multiplier Effect: 180,000
Equation of Exchange M-400 V-9 GDP-? GDP: 3,600
Equation of Exchange M-150 V-? GDP-450 V: 3
Equation of Exchange M-? V-5 GDP-8,600 M: 1,720
Equation of Exchange M-1320 V-18 GDP-? GDP: 23,760
Equation of Exchange M-? V-6 GDP-113,538 M: 18,923
Equation of Exchange M-6,978 V-? GDP-13,956 V: 2
Money Multiplier of 6 Deposit of: 10,000 60,000
Money Multiplier of 6 Deposit of: 12,000 72,000
Money Multiplier of 6 Deposit of: 20,000 120,000
Money Multiplier of 6 Deposit of: 24,000 144,000
Money Multiplier of 6 Deposit of: 38,000 228,000
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