Business, 15.04.2020 00:19 malaysiasc93

3. Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.05, and the required reserve ratio is 0.10. Calculate the money multiplier. Which will have a larger impact on the money multiplier: a rise of 0.05 in the currency ratio or in the excess reserves ratio?

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3. Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.05, and t...

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