The money-creation multiplier is affected by the

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The money-creation multiplier is affected by the

The money-creation multiplier is affected by the
A) public's demand for currency as a proportion of demand deposits.
B) bank reserve-holding ratio as a proportion of demand deposits.
C) rediscount rate applied to loans from the Fed to banks.
D) Both A and B are correct.

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Macroeconomics

Edition: 12^th

Author: Gordon

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