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A central bank raised the reserve requirement ratio from 10 percent to 12 percent. Other things the same, how does the money multiplier change? Select

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A central bank raised the reserve requirement ratio from 10 percent to 12 percent. Other things the same, how does the money multiplier change? Select one: O It increases by 2 O It decreases by 1.67 O It increases by 1.67 O It decreases by 2

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