Suppose in an economy, the currency in circulation is $5,000, the vault cash is $500, the checkdeposit is $10,000, the required reserve ratio is $10%, and the deposit of commercial banks atthe federal reserve is $1,000.1. calculate what is amount of the money supply? 2. calculate what is the amount of the money base? 3. calculate what is the amount of the required reserve and what is the amount of the excessreserve?

Awidower devised his fee simple interest in his residence as follows: “to my daughter for life, then to my oldest grandchild who survives her.” at the time of the widower’s death, he was survived by his only two children, a son and a daughter, and by one grandchild, his daughter’s son. a short time later, the daughter together with her son entered into a contract to sell the residence in fee simple to a buyer. the applicable jurisdiction continues to follow the common law rule against perpetuities, but has abrogated the rule in shelley’s case. at the closing, the buyer refused to purchase the residence. can the sellers compel the buyer to do so?

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?

How many months does the federal budget usually take to prepare