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Business, 29.04.2021 17:50 Cutiepie55561

) The money multiplier a) Cannot be precisely determined because private banks may choose to keep more reserves than what is mandatory by the rate of required reserves. b) Cannot be precisely determined because private banks may choose to keep less reserves than what is mandatory by the rate of required reserves. c) Can be precisely determined because the Fed can precisely target the interest rate. d) None of the above.

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