If the required reserve ratio (RR) is 20 percent, the simple deposit multiplier is

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9 years ago

If the required reserve ratio (RR) is 20 percent, the simple deposit multiplier is

If the required reserve ratio (RR) is 20 percent, the simple deposit multiplier is
A) 2.
B) 5.
C) 10.
D) 20.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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Tidy Author

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9 years ago

Thanks

SUmmerPeople

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Smart ... Thanks!

patyfeitosa

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2 hours ago

Good timing, thanks!

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