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Jojo2you Jojo2you
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6 years ago
If the money multiplier is 3.5, a $10 billion increase in the monetary base
A) increases the quantity of money by $35 billion.
B) increases the quantity of money by $2.86 billion.
C) increases the quantity of money by $3.5 billion.
D) increases the quantity of money by $10 billion.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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werstlingbumwerstlingbum
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#1
Posts: 376
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6 years ago
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Jojo2you Author
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6 years ago
Good timing, thanks!
Tim0301
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Yesterday
Thanks
jcarter
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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