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The Required Reserve Ratio is 10 percent. The money multiplier is A) .1. B) 1. C) .9. D) 10.

The Required Reserve Ratio is 10 percent. The money multiplier is A) .1. B) 1. C) .9. D) 10.
asked 13.6k views
3 votes
The Required Reserve Ratio is 10 percent. The money multiplier is

A) .1.
B) 1.
C) .9.
D) 10.

asked
User Andreas Richter
by
8.2k points

1 Answer

3 votes
I believe the answer is c
answered
User Linxy
by
7.9k points
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