Multiple Choice
If the currency to deposit ratio equals 0.1 and the desired reserve ratio is 0.1, then the money multiplier is:
A) 5.
B) 2.
C) 5.5.
D) 10.
Correct Answer:
Verified
Related Questions
If the currency to deposit ratio equals 0.1 and the desired reserve ratio is 0.1, then the money multiplier is:
A) 5.
B) 2.
C) 5.5.
D) 10.
Correct Answer:
Verified
