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  3. Study Set
    Economics A Contemporary Introduction
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    Exam 15: Banking and the Money Supply
  5. Question
    If the Simple Money Multiplier Is 5,the Required Reserve Ratio
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If the Simple Money Multiplier Is 5,the Required Reserve Ratio

Question 43

Question 43

Multiple Choice

If the simple money multiplier is 5,the required reserve ratio must be


A) 5 percent
B) 0
C) 10 percent
D) 50 percent
E) 20 percent

Correct Answer:

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