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valputin valputin
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8 years ago
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

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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#1
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8 years ago
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valputin Author
wrote...
#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
Slight Smile Good luck with the rest
wrote...
#4
4 years ago
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