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What is the value of the monetary base, given that the value of deposits at all depository institutions equals $ 2265.83 billion, currency is $ 1144.60 billion, and bank deposits held at the Fed are $ 1422.30 billion?

Respuesta :

The value of the monetary base, given that the value of deposits at all depository institutions should be $2,566.9 billion

Calculation of the value of the monetary base:

Data provided as per the question:

Currency = $1144.60 billion

Bank deposits = $1422.30 billion

So,

Value of the monetary base = Currency + bank deposits

= $1144.60 billion + $1422.30 billion

= $2,566.9 billion

Therefore for computing the value of the monetary base we simply added currency with bank deposits.

Learn more about deposits here: https://brainly.com/question/24300830

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