C. Suppose that individuals hold 350 dollars in cash. What is the money supply? Express...
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C. Suppose that individuals hold 350 dollars in cash. What is the money supply? Express your answer in dollars rounded to the nearest second decimal. d. Suppose the Bank of Canada prints 52 dollars and distributes them among the Canadian population. If individuals do not keep money outside banks as cash, what will be the long term effect of the policy on the money supply? Use the reserve ratio that you computed in a previous question. Round your answer to the nearest integer. The money supply will increase by 5 dollars e. Suppose the Bank of Canada prints 52 dollars and distributes them among the Canadian population. If the people keep 100% of this extra money in cash outside the banks, what will be the long term effect of the policy on the money supply? Round your answer to the nearest integer. The money supply will increase by dollars
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