Top Posters
Since Sunday
6
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
In a fractional reserve banking system with no currency where res is the ratio of reserves to deposits, the money multiplier is
A) 1 + res.
B) res2
C) 1 - res.
D) 1/res.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 138 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

johnpaul92 Author
wrote...
#2
8 years ago
Appreciate your help, thank you again
wrote...
#3
8 years ago
Every little bit helps, right? Glad I solved your question
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1020 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 191
  
 79
  
 731