If the required reserve ratio is 0.2, what is the demand deposit multiplier?

a. 10.0
b. 0.4
c. 5.0
d. 2.5
e. 1.67


C

Economics

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A World View article titled "Japan Sees Quake Damage Bill of Up to $309 Billion, Almost Four Katrinas" implies that the most likely impact of this destruction would be

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Which of the following is counted as a liability for a bank?

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A firm is currently producing in the inelastic portion of its demand curve. What course of action do you recommend for it, assuming it wants to raise revenue?

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Economics