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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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