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    Modern Principles Macroeconomics
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    Exam 15: The Federal Reserve System
  5. Question
    The Money Multiplier Is Greater Than 1 Because Most Banks
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The Money Multiplier Is Greater Than 1 Because Most Banks

Question 126

Question 126

True/False

The money multiplier is greater than 1 because most banks keep more than 100% of any increase in bank deposits as reserves.

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