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    A Required Reserve Ratio of 12 Percent Gives Rise to a Simple
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A Required Reserve Ratio of 12 Percent Gives Rise to a Simple

Question 111

Question 111

Multiple Choice

A required reserve ratio of 12 percent gives rise to a simple deposit multiplier of


A) 12.
B) 83.33.
C) 6.67.
D) 8.33.

Correct Answer:

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