Multiple Choice
The money multiplier can also be calculated as _______, where a is the currency drain ratio and b is the desired reserve ratio.
A) a + b) ÷ 1 + b)
B) a + b) ÷ 1 + a)
C) 1 + b) ÷ a + b)
D) a ÷ a + b)
E) 1 + a) ÷ a + b)
Correct Answer:
Verified
Correct Answer:
Verified
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