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What is the money multiplier if the currency to deposit ratio is 25%, the reserve is 10% of deposits and banks desired excess reserves are
What is the money multiplier if the currency to deposit ratio is 25%, the reserve is 10% of deposits and banks desired excess reserves are 15 percent of deposits. With this money multiplier, if the federal reserve conducted an open market purchase of 100 million of US tresses bonds what would happen to the money supply
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