If the required reserve ratio is 15%, what is the value of the simple deposit multiplier?

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Money Banking And The Financial System

ISBN: 1801

3rd Edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 10:51 AM

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If the required reserve ratio is 15%, what is the value of the simple deposit multiplier?

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Money Banking And The Financial System

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