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Assuming individuals hold no currency, calculate the simple money multiplier for each of the following reserve ratios: Instructions: Enter your responses rounded to two decimal

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Assuming individuals hold no currency, calculate the simple money multiplier for each of the following reserve ratios: Instructions: Enter your responses rounded to two decimal places. 10 percent: 17 percent: 24 percent: 100 00 0 0 50 percent: 70 percent: 74 percent

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