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Loraine Loraine
wrote...
Posts: 4563
8 years ago
Suppose the currency drain ratio is 33.33 percent and the desired reserve ratio is 10 percent. The money multiplier equals
A) 4.27.
B) 3.00.
C) 3.08.
D) 2.50.
E) 6.67.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 541 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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8 years ago
Thanks
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Yesterday
Thank you, thank you, thank you!
ky
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2 hours ago
You make an excellent tutor!
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