If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is

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asked Oct 2, 2018 106k views

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Phsiao · Answer 1 · 2018-10-06T09:07:58+0000

If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is five. The money multiplier is also called as the monetary multiplier and the multiplier effect. It usually depends on the amount of the various deposits.

If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is

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