Mathematics, 10.03.2020 04:09 mangociruelo9402

26) Initially, the required reserve ratio = 15%, the currency-deposit ratio = 40%, and the excess reserve ratio = 5%. An increase in the excess reserve ratio to 10% causes the M1 money multiplier to , everything else held constant.

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26) Initially, the required reserve ratio = 15%, the currency-deposit ratio = 40%, and the excess re...