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    Modern Principles of Economics
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    Exam 15: The Federal Reserve System and Open Market Operations
  5. Question
    The Money Multiplier Equals One
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The Money Multiplier Equals One

Question 149

Question 149

Multiple Choice

The money multiplier equals one:


A) divided by the reserve ratio.
B) plus the reserve ratio.
C) minus the reserve ratio.
D) divided by the result of one minus the reserve ratio.

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