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The money multiplier process also works in reverse when a loan is repaid and the amount of money that is destroyed is equal to the loan repayment times the money multiplier.A. T…

The money multiplier process also works in reverse when a loan is repaid and the amount of money that is destroyed is equal to the loan repayment times the money multiplier.A. T…
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2 votes
The money multiplier process also works in reverse when a loan is repaid and the amount of money that is destroyed is equal to the loan repayment times the money multiplier.A. TrueB. False

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User Benjamin Wootton
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1 Answer

5 votes

Answer:

The correct answer is TRUE

answered
User Jason Leveille
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8.1k points
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