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if the deposit multiplier is 80% the bank must keep $1 in reverse for every $5 it has in deposits the remaining $4 is available
if the deposit multiplier is 80% the bank must keep $1 in reverse for every $5 it has in deposits the remaining $4 is available to the bank to lend out or invest. True or False?
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AQA AS Accounting Unit 2 Financial And Management Accounting
Authors: Brendan Casey
1st Edition
1500684260?, 978-1500684266
