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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 16: The Monetary System: Banks and the Money Supply
  5. Question
    If the Reserve Ratio Is 15 Percent,the Money Multiplier Is
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If the Reserve Ratio Is 15 Percent,the Money Multiplier Is

Question 75

Question 75

Multiple Choice

If the reserve ratio is 15 percent,the money multiplier is


A) 7.7.
B) 6.7.
C) 5.7.
D) 15.

Correct Answer:

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