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Business, 03.12.2019 02:31 gungamer720

The money multiplier equals a. 1/r, where r represents the quantity of reserves in the economy. b. 1/r, where r represents the reserve ratio for all banks in the economy. c. 1/(1+r), where r represents the quantity of reserves in the economy. d. 1/(1+r), where r represents the reserve

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The money multiplier equals a. 1/r, where r represents the quantity of reserves in the economy. b. 1...
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