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If the currency drain ratio is 40 percent and the desired reserve ratio is 15 percent, what does the

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If the currency drain ratio is 40 percent and the desired reserve ratio is 15 percent, what does the

If the currency drain ratio is 40 percent and the desired reserve ratio is 15 percent, what does the money multiplier equal?

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Essential Foundations of Economics

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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