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The money-creation multiplier is the a.amount by which the money supply of high-powered money will increase equilibrium GDP. b.same as the income-determination multiplier. c.amount by
The money-creation multiplier is the
a.amount by which the money supply of high-powered money will increase equilibrium GDP.
b.same as the income-determination multiplier.
c.amount by which a $1 increase in reserves would raise an individual bank's deposits.
d.amount by which the money supply would rise with a $1 increase in the supply of high-powered money.
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