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Home Q & A Board Other Fields Homework Help Business Economics
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Retnec Retnec
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6 years ago
If the deposit multiplier is 5, the banking system can expand the money supply by five times the initial amount of any change in excess reserves.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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Retnec Author
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#2
6 years ago
My exam's next week!

Perfect timing
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