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If a bank's reserve requirement is 5%, then $100 of M0 will lead to which of the following as the amount of M1? $200 $5
If a bank's reserve requirement is 5%, then $100 of M0 will lead to which of the following as the amount of M1?
- $200
- $5
- $50
- $2,000
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Macroeconomics A European Perspective
Authors: Olivier Blanchard, Alessia Amighini, Francesco Giavazzi
4th Edition
1292360895, 9781292360898
