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If the estimated multiplication potential of the banking system (the deposit multiplier) is of 5 times and the need of cash in the real economy
If the estimated multiplication potential of the banking system (the deposit multiplier) is of 5 times and the need of cash in the real economy is estimated at 13%, which is the reserve requirements rate, used in this estimation?
Select one: a. 10% b. 9% c. 6% d. 7.5% e. 8%
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