[Solved] The monetary base of Econland is $600 mil

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The monetary base of Econland is $600 million. The current-deposit ratio (cr) is 0.3 and reserve-deposit ratio (rr) is 0.2. Calculate the money multiplier and

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The monetary base of Econland is $600 million. The current-deposit ratio (cr) is 0.3 and reserve-deposit ratio (rr) is 0.2. Calculate the money multiplier and money supply

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