sm340791 sm340791

24-10-2021
Mathematics

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Let r = .05 be the reserve rate. Which of the following is the money multiplier?

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michellemuniz367 michellemuniz367

24-10-2021

Answer:

1/0.05

Step-by-step explanation:

The formula for the money multiplier is :

1/ Reserve rate

If is wrong i'm sorry

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