If the required reserve ratio is 15 percent, the simple deposit multiplier is:
a. 1.5.
b. 15...
Mathematics, 10.12.2020 16:30 emilyturchon
If the required reserve ratio is 15 percent, the simple deposit multiplier is:
a. 1.5.
b. 15.0.
c. 6.67.
d. 3.33.
Answers: 3
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