The reserve ratio is 11 percent. What is the value of the potential money multiplier?

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Macroeconomics Principles Applications And Tools

ISBN: 9780134089034

7th Edition

Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez

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Question Posted: Aug 18, 2017 02:22 PM

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The reserve ratio is 11 percent. What is the value of the potential money multiplier?

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