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If the required reserve ratio is 15 percent, the simple deposit multiplier is
valputin
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If the required reserve ratio is 15 percent, the simple deposit multiplier is
If the required reserve ratio is 15 percent, the simple deposit multiplier is
A) 15.0.
B) 3.33.
C) 1.5.
D) 6.67.
Textbook
The Economics of Money, Banking and Financial Markets, Business School Edition
Edition:
4
^{th}
Author:
Mishkin
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valputin
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#2
3 years ago
Correct
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Meela
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3 years ago
Good luck with the rest
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