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Loraine Loraine
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8 years ago
Suppose the currency drain ratio is 25 percent and the desired reserve ratio is 20 percent. The money multiplier equals
A) 4.00.
B) 3.00.
C) 2.78.
D) 2.00.
E) 5.42.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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SydnieSydnie
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8 years ago
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Loraine Author
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8 years ago
Correct Slight Smile TY
7.prime7105
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Yesterday
Helped a lot
noodlelicker
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Thanks
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