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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 46
A goldsmith has 100 gold coins in his safe. If there are 500 receipts in circulation, how much is his reserve ratio?
Explanation
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The ratio of the gold coins that are ret...
Macroeconomics 11th Edition by Stephen Slavin
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