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Business, 15.04.2020 05:13 jnthnsngh

If a country's money supply is $10 million, and there is only one bank where all of the people deposit their money. If the bank holds 5% of the deposits as reserves, what is the money multiplier in this economy?

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If a country's money supply is $10 million, and there is only one bank where all of the people depos...
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