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If the required reserve ratio is 5%, what is the value of the simple deposit multiplier?

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If the required reserve ratio is 5%, what is the value of the simple deposit multiplier?

If the required reserve ratio is 5%, what is the value of the simple deposit multiplier?
A) 0.05
B) 0.20
C) 5
D) 20

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Money, Banking, and the Financial System

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

Read 59 times

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