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    Principles of Economics Study Set 8
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    Exam 29: The Monetary System
  5. Question
    Bank Runs and the Accompanying Increase in the Money Multiplier
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Bank Runs and the Accompanying Increase in the Money Multiplier

Question 179

Question 179

True/False

Bank runs and the accompanying increase in the money multiplier caused the U.S. money supply to rise by 28 percent from 1929 to 1933.

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