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  3. Study Set
    Modern Principles of Economics
  4. Exam
    Exam 15: The Federal Reserve System and Open Market Operations
  5. Question
    If the Reserve Ratio Is 20%, the Money Multiplier Equals
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If the Reserve Ratio Is 20%, the Money Multiplier Equals

Question 159

Question 159

Multiple Choice

If the reserve ratio is 20%, the money multiplier equals:


A) 2.
B) 2.5.
C) 5.
D) 10.

Correct Answer:

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