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Business, 21.07.2020 01:01 rosaura15

The formula for the simple deposit multiplier is : a. Simple Deposit Multiplier = 1/RR
b. Simple Deposit Multiplier = 1/1-RR
c. Simple Deposit Multiplier = -RR/1-RR
d. Simple Deposit Multiplier = (1-RR)/RR

If the required reserve ratio is 0.15, the maximum increase in checking account deposits that will result from an increase in bank reserves of $5,000 is $

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The formula for the simple deposit multiplier is : a. Simple Deposit Multiplier = 1/RR
b. Sim...
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