Business, 06.12.2019 06:31 mlbaker2381

2. you are given the following information: reserves in the banking system amount to $48 billion, of which $45.8 billion are required. currency in the hands of the public amounts to $692.5 billion while checkable deposits amount to $650 billion. calculate the money multiplier. (5 points)

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2. you are given the following information: reserves in the banking system amount to $48 billion, o...

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