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

a. 0.2
b. 0.8
c. 1.25
d. 5.0
e. 8.0

D

Economics

You might also like to view...

The tendency for the values of two variables to move in a predictable and related way is known as

A) a natural experiment. B) a normative relationshi

Economics

China's economic reforms began in

A) 1960. B) 1978. C) 1991. D) 1998.

Economics