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Roar Roar
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7 years ago
For this question, assume that individuals do NOT hold currency (i.e., c = 0). The money multiplier is equal to
A) 1.
B) 1/(1 - c).
C) θ.
D) 1/(1- θ).
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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legendvpnlegendvpn
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7 years ago
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