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Home Q & A Board Other Fields Homework Help Business Economics
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Munze Munze
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6 years ago
For this question, assume that individuals do NOT hold currency (i.e., c = 0). If the ratio of reserves to deposits is .10, the money multiplier is
A)  .1.
B)  .9.
C)  4.
D)  5.
E)  10.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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Munze Author
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#2
5 years ago
Thanks so much Slight Smile I'll post more questions
Macroeconomics, 6/E (Blanchard, Johnson)
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