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The Central Bank of Westeros increased the monetary base by [20%]. As a result, the money supply increased by [60%]. What is the money multiplier

The Central Bank of Westeros increased the monetary base by \[20\%\]. As a result, the money supply increased by \[60\%\]. What is the money multiplier in Westeros? Choose 1 answer: Choose 1 answer: (Choice A) This cannot be determined without knowing the reserve requirement. A This cannot be determined without knowing the reserve requirement. (Choice B) \[\dfrac{1}{3}\] B \[\dfrac{1}{3}\] (Choice C) \[-20\%\] C \[-20\%\] (Choice D) \[40\%\] D \[40\%\] (Choice E) \[3\] E \[3\]

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