Simple money multiplier, Assuming individuals hold no

Simple money multiplier

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Reference no: EM13912467

Assuming individuals hold no currency, calculate the simple money multiplier for each of the following reserve ratios:

Instructions: Round your answers to 2 decimal places.

8%:

15%:

22%:

40%:

60%:

70%:

90%:

Reference no: EM13912467

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