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Home Q & A Board Other Fields Homework Help Business Economics
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hiusy98 hiusy98
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7 years ago
You are given the following information on the banking system.

Reserve requirement   rr = 1.00
Currency-deposit ratio   c = 0.10
Excess reserve ratio       e = 0.00

Compute the simple deposit and money multipliers.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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toogootoogoo
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7 years ago
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hiusy98 Author
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#2
7 years ago
Needed these to complete my project
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