Describe three factors that will cause the banking system not to be able to reach the potential expansion of the money supply found in the calculation of the money multiplier effect.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter12: Money And Banking
Section: Chapter Questions
Problem 9E
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Describe three factors that will cause the banking system not to be able to
reach the potential expansion of the money supply found in the calculation
of the money multiplier effect.
Transcribed Image Text:Describe three factors that will cause the banking system not to be able to reach the potential expansion of the money supply found in the calculation of the money multiplier effect.
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