Table 10-4 The Following Information Pertains to the Bank of Moncton

question 12

Multiple Choice

Table 10-4
The following information pertains to the Bank of Moncton.
-Refer to the Table 10-4.If all banks hold only the required 4 percent of deposits as reserves,then what is the money multiplier?

• A) 5
• B) 10
• C) 15
• D) 25

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