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Question: Suppose the Fed raises the reserve ratio. How will this action likely affect the money supply?  E...

Show transcribed image text Suppose the Fed raises the reserve ratio. How will this action likely affect the money supply? Empirically the money supply is defined in different ways: What are the different ways? Which way is in tu the Keynesian way? What is the MI money supply?

Suppose the Fed raises the reserve ratio. How will this action likely affect the money supply? Empirically the money supply is defined in different ways: What are the different ways? Which way is in tu the Keynesian way? What is the MI money supply?