Examlex
If r is the required reserve ratio,which of the following is the simple money multiplier?
Wage Rate
The standard amount of pay given for work performed, typically expressed as an hourly rate or annual salary.
Full Employment
A situation in which all available labor resources are being used in the most economically efficient way.
Workers Demanded
The number of employees that employers are willing to hire at a given wage rate.
Economic Immigration
The movement of individuals to a new country with the aim of gaining employment or pursuing investment opportunities, often contributing to the host country's economy.
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