Question
5. If the required reserve ratio is 10% and there is an initial deposit of $600, using the simple money multiplier, what is the maximum
5. If the required reserve ratio is 10% and there is an initial deposit of $600, using the simple money multiplier, what is the maximum money created?
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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