To determine the total change in deposits as a result of an injection of reserves, we must
a. sum the number of loans a bank has made
b. multiply the injection of reserves by 10
c. multiply the number of loans by the expenditure multiplier
d. sum the reserves of each bank
e. multiply the injection of reserves by the demand deposit multiplier
E
Economics
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Improvements in technology provide benefits to:
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If you were a member of the NBER business-cycle dating committee, would you declare that the U.S
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Economics