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IF the value of legal reserve ratio is 13.6% Calculate the value of Money multiplier

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Monetary System

Section: Chapter Questions

Problem 4CQQ

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IF the value of legal reserve ratio is 13.6%

Calculate the value of Money multiplier

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