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Business, 22.07.2019 02:30 flapjacks

The money multiplier: question 20 options: a. is equal to the reserve requirement. b. demonstrates that small changes in reserves have a negligible impact on the total money supply. c. measures the maximum amount the money supply can increase when new deposits enter the banking system. d. works only for increases in the money supply and never for decreases.

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The money multiplier: question 20 options: a. is equal to the reserve requirement. b. demonstrates...

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