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The following factors could increase the money multiplier effect of banking operations (m), EXCEPT: Question options: Increase in monetary base (Mo) Decrease in required reserves
The following factors could increase the money multiplier effect of banking operations (m), EXCEPT: Question options:
Increase in monetary base (Mo)
Decrease in required reserves ratio (r)
Decrease of currency ratio (c)
Decrease of excess reserves ratio (e)
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