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If the federal reserve sets the reserve rate to 20%, what is the resulting money multiplier?

If the federal reserve sets the reserve rate to 20%, what is the resulting money multiplier?
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5 votes
If the federal reserve sets the reserve rate to 20%, what is the resulting money multiplier?

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User Wio
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7.8k points

1 Answer

6 votes
I think the answer is 5 but I can't be sure
answered
User Vstinner
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8.5k points
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