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Table 29-5 the Following Information Pertains to the Bank of Kingston

Question 153

Multiple Choice

Table 29-5 The following information pertains to the Bank of Kingston.
Table 29-5 The following information pertains to the Bank of Kingston. -Refer to Table 29-5. If all banks hold only the required 4 percent of deposits as reserves, then what is the money multiplier? A) 5 B) 10 C) 15 D) 25
-Refer to Table 29-5. If all banks hold only the required 4 percent of deposits as reserves, then what is the money multiplier?


A) 5
B) 10
C) 15
D) 25

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