5-3b Money Creation

Now that you have practiced and perfected your money creation skillz, you can do this exercise once.

Again, refer to the notes document below if you'd like.

MS=currency + DD
TR=RR+ER
RR = % of DD
MM = 1/.RR
PMC = MM x ER
TMS = PMC + DD or TMS = DD x MM

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Teacher
Bishop Lynch High School
TX