Consider the Following Data About the Economy: Currency Outstanding (C)=

question 22

Multiple Choice

Consider the following data about the economy: currency outstanding (C) = $2 trillion, total deposits (D) = $1 trillion, total reserves (R) = $60 billion, and the required reserve ratio (RR ratio) = 5%. What is the money multiplier for this economy?

• A)1.00
• B)1.26
• C)1.46
• D)2.46

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Quantitative measures used to assess, compare, and track marketing performance and effectiveness.

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