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Tneary Tneary
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5 years ago

Question 1.

Suppose the required reserve ratio is 15%. A $10 million deposit will, at most, allow an expansion of the money supply to



▸ $250 million.

▸ $150 million.

▸ $147.5 million.

▸ $66.7 million.

Question 2.

The required reserve ratio is 50%. The money multiplier is



▸ 10.

▸ 5.

▸ 2.5.

▸ 2.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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AndreasnlnvldAndreasnlnvld
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5 years ago
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