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Why is the real-world deposit multiplier smaller than 1/RR, where RR is the required reserve ratio?

Tidy

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Why is the real-world deposit multiplier smaller than 1/RR, where RR is the required reserve ratio?

Why is the real-world deposit multiplier smaller than 1/RR, where RR is the required reserve ratio?

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Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 375 times

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

Wink Face

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