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Other Fields Homework Help Economics Topic started by: LilyGal on Apr 28, 2019



Title: The required reserve ratio is 12.5%. The money multiplier is
Post by: LilyGal on Apr 28, 2019

Question 1.

Suppose the required reserve ratio is 25%. A $10 million deposit allows commercial banks to create at most



▸ $2.5 million.

▸ $4 million.

▸ $40 million.

▸ $250 million.

Question 2.

The required reserve ratio is 12.5%. The money multiplier is



▸ 2.5.

▸ 6.

▸ 7.5.

▸ 8.


Title: The required reserve ratio is 12.5%. The money multiplier is
Post by: jackjohnson74 on Apr 28, 2019
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