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Question
If the currency drain ratio is 0.2 and the desired reserve ratio is 0.03, the money multiplier isA) 0.76.
B) 6.67.
C) 3.23.
D) 4.46.
E) 5.22.
Answer
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Related questions
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Scarcity results from the fact that
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B) not all goals are desirable.
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D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
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Why does scarcity lead to the what, how, and for whom questions?
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