Compute the impact on the money multiplier of an increase
Compute the impact on the money multiplier of an increase in the currency-to-deposit ratio from 10 percent to 15 percent when the reserve requirement is 10 percent of deposits, and banks’ desired excess reserves are 3 percent of deposits.
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compute the impact on the money multiplier of an increase in the currency-to-deposit ratio from 10 percent to 15
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