
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
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
A) 14
B) 9
C) 7
D) 4
E) 1
Explanation
It is calculated as:
In reality, when ...
Macroeconomics 11th Edition by Stephen Slavin
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