If the reserve ratio is 0.1, the money multiplier will be:
A) 1.
B) 10.
C) 100.
D) 1,000.
Correct Answer:
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Q100: If the required reserve ratio is 0.12,
Q101: If the required reserve ratio is 0.10,
Q102: Assuming that the reserve ratio is 0.05
Q103: As the reserve ratio goes up, the
Q104: If the money multiplier is 5, what
Q106: If people held all their money as
Q107: Which institutions can create money?
A)The government and
Q108: The amount of money ultimately created per
Q109: The formula for the money multiplier is:
A)1/e
Q110: The higher the reserve ratio, the:
A)greater the
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