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hiusy98 hiusy98
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7 years ago
The currency deposit ratio, c, is 0.10. The reserve requirement, rr, is 0.08. The excess reserve ratio, e, is 0.05. What is the size of the money multiplier?
A) 4.70
B) 4.78
C) 4.75
D) 4.00
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Economics for Managers

Economics for Managers


Edition: 3rd
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toogootoogoo
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hiusy98 Author
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#2
7 years ago
This course was so challenging before I signed up here, thanks
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