How large is the money multiplier when the required reserve ratio is 0.20? If the required reserve

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How large is the money multiplier when the required reserve ratio is 0.20? 

If the required reserve ratio increases to 0.25, what happens to the money multiplier?

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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