This week’s additional assignment will help you understand how the banking system create money. You will differentiate between deposits in banks, excess reserves and loans. It is important to use the multiplier when calculating the total increase in money in the economy and you should not use a computer program to do the calculations for you instead. Do not take a picture of a hand written set of numbers to submit for the week’s assignment. It is difficult to read at times.
All materials and works provided by us are intended to be used for research and referencing purposes only. Our reference papers serve as model papers for students and are not to be submitted as it is.
+1 (289) 632 6475