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The reserve requirement is 0.20. What is the simple deposit multiplier?

hiusy98

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7 years ago

The reserve requirement is 0.20. What is the simple deposit multiplier?

The reserve requirement is 0.20. What is the simple deposit multiplier?
A) 1
B) 5
C) 0.10
D) 100

Textbook

Economics for Managers

Economics for Managers

Edition: 3^rd

Author: Farnham

Read 180 times

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toogoo

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hiusy98 Author

wrote...

#2

7 years ago

I owe you my life lol

daniea07

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#3

3 years ago

Thank you!

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