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The monetary base of Moneyland is $500 million. The currency-deposit ratio (cr) is 0.2, and the reserve-deposit ratio (rr) is 0.2. Calculate the money multiplier

The monetary base of Moneyland is $500 million. The currency-deposit ratio (cr) is 0.2, and the reserve-deposit ratio (rr) is 0.2. Calculate the money multiplier and money supply.

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