spearce9015 spearce9015
  • 10-03-2020
  • Mathematics
contestada

reserve ratio is 0.12 (12%), the desired excess reserve-to-deposit ratio is 0.03 (3%), and the desired currency-to-deposit ratio is 0.35 (35%), what is the value of the money multiplier

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quintonjohnson54
quintonjohnson54 quintonjohnson54
  • 10-03-2020

Answer:

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