The required reserve ratio is 10 percent. the money multiplier is a) .1. b) 1. c) .9. d) 10.

I believe the answer is c

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.

  citizens of individual states were also citizens of the united states.