91影视

$\begin{array}{|lllll|}\hline \text{Variables}& \text{Currency(CURRNS)}& \text{TotalCheckableDeposits(TCDNS)}& \text{TotalReserves(RESBALNS)}& \text{RequiredReserves(RESBALREQ)}\\ \begin{array}{l}\text{Values in USD}\\ \text{billions (as on}{1}^{\text{st}}\\ \text{July, 2013)}\end{array}& 1130.3& 1409.8& 2094.225& 63.296\\ \hline\end{array}$

The calculation is shown below,

$\text{Currency deposit ratio}\left(c\right)=\frac{\text{Currency(CURRNS)}}{\mathrm{Total}\mathrm{Checkable}\mathrm{Deposits}\left(\mathrm{TCDNS}\right)}$

$=\left(\frac{1130.3}{1409.8}\right)$

$=0.8017$

The value of the currency deposit ratio c is$0.8017$.

$\begin{array}{|lllll|}\hline \text{Variables}& \text{Currency(CURRNS)}& \text{TotalCheckableDeposits(TCDNS)}& \text{TotalReserves(RESBALNS)}& \text{RequiredReserves(RESBALREQ)}\\ \begin{array}{l}\text{Values in USD}\\ \text{billions (as on}{1}^{\text{st}}\\ \text{July, 2013)}\end{array}& 1130.3& 1409.8& 2094.225& 63.296\\ \hline\end{array}$

The calculation is shown below,

$\text{Excess Reserves(ER)}=\text{TotalReserves(RESBALNS)}鈭�\text{RequiredReserves(RESBALREQ)}$

$=2094.225-63.296$

$=2030.929$

So,

localid="1647517191395" $\text{Excess Reserves Ratio}\left(\mathrm{e}\right)=\frac{{\displaystyle \mathrm{Excess}\mathrm{Reserves}\left(\mathrm{ER}\right)}}{\mathrm{Total}\mathrm{Checkable}\mathrm{Deposits}\left(\mathrm{TCDNS}\right)}$

$=\frac{2030.929}{1409.8}$

$=1.4405$

The value of the excess reserve ratio e is$1.4405$

$\begin{array}{|lllll|}\hline \text{Variables}& \text{Currency(CURRNS)}& \text{TotalCheckableDeposits(TCDNS)}& \text{TotalReserves(RESBALNS)}& \text{RequiredReserves(RESBALREQ)}\\ \begin{array}{l}\text{Values in USD}\\ \text{billions (as on}{1}^{\text{st}}\\ \text{July, 2013)}\end{array}& 1130.3& 1409.8& 2094.225& 63.296\\ \hline\end{array}$

The solution for the equation is explained below,

$\text{Money Multiplier}\left(m\right)=\frac{(1+\mathrm{currency}\mathrm{deposit}\mathrm{ratio}(\mathrm{c}\left)\right)}{(\mathrm{currency}\mathrm{deposit}\mathrm{ratio}(\mathrm{c})+\mathrm{required}\mathrm{reserve}\mathrm{ratio}(\mathrm{rr}\left)\right)}$

$=\frac{\left(1+0.8017\right)}{(0.8017+0.11004)}$

$=1.9761$

The value of the money multiplier m will be$1.9761$.