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    Business
  3. Study Set
    Macroeconomics Principles Applications
  4. Exam
    Exam 13: Money and the Banking System
  5. Question
    If the Reserve Ratio Is 4 Percent, the Money Multiplier
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If the Reserve Ratio Is 4 Percent, the Money Multiplier

Question 9

Question 9

True/False

If the reserve ratio is 4 percent, the money multiplier is equal to 25.

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