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value: 10.00 points Compute the impact on the money multiplier of an increase in the currency-to-deposit ratio from 9 percent to 14 percent when the
value: 10.00 points Compute the impact on the money multiplier of an increase in the currency-to-deposit ratio from 9 percent to 14 percent when the reserve requirement is 8 percent of deposits, and banks' desired excess reserves are 3 percent of deposits. Instructions: Please round your answers to the nearest hundredth (2 decimal places). When desired currency holdings 9% of deposits, m- When desired currency holdings-14% of deposits, m
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