The people in an economy have $10 million in money. There is only one bank that...
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The people in an economy have $10 million in money. There is only one bank that all the people deposit their money in and it holds 15% of the deposits as reserves. What is the money multiplier in this economy? 05 O 20 O 10 6.7 The people in an economy have $10 million in money. There is only one bank that all the people deposit their money in and it holds 15% of the deposits as reserves. What is the money multiplier in this economy? 05 O 20 O 10 6.7
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