Multiple Choice
Vault cash is equal to $8 million,deposits by depository institutions at the central bank are $2 million,the monetary base is $30 million,and bank deposits are $100 million.The money multiplier is equal to
A) 2) 5.
B) 3) 0.
C) 4) 0.
D) 5) 0.
Correct Answer:
Verified
Correct Answer:
Verified
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