The non-bank private sector holds $250 of currency and $8,000 in deposits. Banks hold $1,000 in currency as reserves. In this economy, the money multiplier is O 6.3 O 6.6 7 O None of the above. Question 6 1 pts Which of the following statements is true? McCandless and Weber provide evidence that an increase in the growth rate of money will lead to an increase in the growth rate of inflation. McCandless and Weber provide evidence in favour of the Classical Dichotomy in the short run. McCandless and Weber show that the growth rate of money is uncorrelated with the level of unemployment in the long run. None of the above