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The Number by Which a Change in the Monetary Base

question 75

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The number by which a change in the monetary base is multiplied to find the resulting change in the quantity of money is called the


Definitions:

Condense

In mathematics, to simplify an expression or equation by combining like terms or using algebraic methods to make it more compact.

Solve

To find the value or values of the variables that satisfy an equation, inequality, or a system of equations.

Equation

A mathematical statement that asserts the equality of two expressions, usually denoted by the sign =.

Calculator

An electronic or mechanical device used for performing mathematical calculations.

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