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sinerus sinerus
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6 years ago
If the banking system has a required reserve ratio of 40%, then the money multiplier is
A) 2.
B) 2.5.
C) 4.
D) 8.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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6 years ago
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sinerus Author
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