Question: Use the following table to answer the following question: Table 2 Bank of Moncton (T-Account) Assets: Liabilities: Reserves: Deposits: $140, 000 Loans: $133, 000 Refer

Use the following table to answer the following question:

Table 2 Bank of Moncton (T-Account)

Assets: Liabilities:

Reserves: Deposits: $140, 000

Loans: $133, 000

Refer to table 2. Assume that all banks hold the same reserve ratio as the Bank of Moncton. What is the money multiplier?

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