Suppose that the required reserve ratio is 9.00%. What is the simple money (deposit) multiplier? Round to two decimal places. money multiplier: Increasing the reserve ratio will the money multiplier.

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A:

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Q: D7) Given that U= 40q0.6 q20.4 and 20q1+6q2=378. Compute the optimal commodity bundles of q1 and q2

A:

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