Ifr 15% Currency in circulation= 500 billion S; Checkable deposits = 1000 billion S; and excess reserves 10 billion S; then the money multiplier is equal to. A 0.70 O8.0.80 OC.0.90 D. none of the above

ENGR.ECONOMIC ANALYSIS
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Ifr- 15%: Currency in circulation= 500 billion S; Checkable deposits 1000 billion $; and excess reserves 10 billion
5; then the money multiplier is equal to.
A. 0.70
OB. 0.80
OC. 0.90
D. none of the above
Transcribed Image Text:Ifr- 15%: Currency in circulation= 500 billion S; Checkable deposits 1000 billion $; and excess reserves 10 billion 5; then the money multiplier is equal to. A. 0.70 OB. 0.80 OC. 0.90 D. none of the above
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