Ifr= 10%; Currency in circulation= 400 billion $: Checkable deposits = 1000 billion $; then the money multiplier is equal to OA. 10 O B. 5.6 OC28 O D. 3.1
Ifr= 10%; Currency in circulation= 400 billion $: Checkable deposits = 1000 billion $; then the money multiplier is equal to OA. 10 O B. 5.6 OC28 O D. 3.1
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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please argunt !!!!!!!!!
![Ifr= 10%; Currency in circulation= 400 billion $: Checkable deposits = 1000 billion $; then the money multiplier is equal to.. .
OA. 10
О в. 5.6
OC2.8
O D. 3.1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fabf4c0ca-49e7-4a6e-a288-01b612a3fe8c%2F5784a860-1ba0-4314-9f0b-a95f57f4f222%2Fesyfaqc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ifr= 10%; Currency in circulation= 400 billion $: Checkable deposits = 1000 billion $; then the money multiplier is equal to.. .
OA. 10
О в. 5.6
OC2.8
O D. 3.1
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