Question: How would I go about solving this problem ? In the US in the 4th quarter of 1995, M1 was equal to 1133.1, Deposits were

How would I go about solving this problem ?

How would I go about solving this problem ? In the US

In the US in the 4th quarter of 1995, M1 was equal to 1133.1, Deposits were equal to 752.5, Currency was 371.6, and Reserves were 56.9. What was the empirical money multiplier in the 4th quarter of 1995? All gures are in billions of dollars. Round your answer to one decimal place. 0 1.4 O 3.0 O 2.6 O 19.9

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