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Home Q & A Board Other Fields Homework Help Business Economics
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LilyGal LilyGal
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Posts: 502
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5 years ago

Question 1.

Suppose the required reserve ratio is 25%. A $10 million deposit allows commercial banks to create at most



▸ $2.5 million.

▸ $4 million.

▸ $40 million.

▸ $250 million.

Question 2.

The required reserve ratio is 12.5%. The money multiplier is



▸ 2.5.

▸ 6.

▸ 7.5.

▸ 8.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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jackjohnson74jackjohnson74
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5 years ago
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LilyGal Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jasonbourne
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Yesterday
Brilliant ツ
nadiia
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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