ECO 372 Week 3 Worksheet

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ECO 372 Week 3 Worksheet
ECO 372 Week 3 Worksheet
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ECO 372 Week 3 Worksheet

Complete the Worksheet.

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Week 3 Worksheet

  1. List and briefly describe the functions of money.

 

  1. What are the main components of M1 and M2?

 

  1. What is the value of the deposit multiplier if the required reserve ratio is 20 percent?

 

  1. Define the discount rate and the federal funds rate.