If the reserve ratio is 15 percent and commercial bankers decide to hold additional excess reserves equal to 5 percent of any newly acquired checkable deposits,then the relevant monetary multiplier for the banking system will be:

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The Answer of If the reserve ratio is 15 percent and commercial bankers decide to hold additional excess reserves equal to 5 percent of any newly acquired checkable deposits,then the relevant monetary multiplier for the banking system will be:

If the Reserve Ratio Is 15 Percent and Commercial Bankers