A desired reserve ratio of 0.06 , currency ratio 0.04 , and excess reserve ratio 0.02 would results in a deposit multiplier of
and a money multiplier of
. A new deposit of 54,780 by a business enterprise would increase the
monetary base by
, total deposit by
, desired reserves by
, total loans by
, currency held by the public by
, and the money supply by
A desired reserve ratio of 0.06,currency ratio 0.04,and excess reserve ratio 0.02 would results in a deposit multiplier of
Number
and a money multiplier of 8.67
.A new deposit of 54,780 by a business enterprise would increase the
monetary base by Number
, total deposit by Number
desired reserves by Number
, total loans by
Number
,currency held by the public by Number
and the money supply by
Number