Re: DSE 2013 Answer Key is posted

Posted by Granpa Simpson on May 26, 2014; 8:30am
URL: http://discussion-forum.276.s1.nabble.com/DSE-2013-Answer-Key-is-posted-tp7590583p7590649.html

Consider in this way..people hold 25% of the total money in circulation as cash/currency and 75% as demand deposits...in this case Cu=0.25*x and D=0.75*x..so Cu/D=0.25/0.75..it remains the same...!!!!