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What is the value of the money multiplier in economy

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Reference no: EM132501288

The back changes its interest rate such that this change needs to be enforced with an open market purchase of $160

  • What is the value of the money multiplier in this economy?
  • What will be the change in deposits because of this policy?
  • What will be the change in in money supply because of this policy?
  • What will be the change in currency because of this policy?

Reference no: EM132501288

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