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book Macroeconomics 11th Edition by Stephen Slavin cover

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559
book Macroeconomics 11th Edition by Stephen Slavin cover

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559
Exercise 79
Circle the letter that corresponds to the best answer. Suppose that the deposit expansion multiplier were 7. After taking into account its three modifications, we might estimate the true deposit multiplier to be ____________.
A) 14
B) 9
C) 7
D) 4
E) 1
Explanation
Verified
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It is calculated as:
blured image In reality, when ...

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Macroeconomics 11th Edition by Stephen Slavin
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