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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Calculate the money multiplier for the following values of the currency, excess reserves, and required reserves ratios (i.e., complete the following table) and explain why the money multiplier decreases when the currency or excess reserves ratio increase:
Â

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