In your own words, explain how the process of the money multiplier and how it is supposed to affect the macro model.

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section1.5: The Business Cycle
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In your own words, explain how the process of the money multiplier and how it is supposed to affect the macro model.
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