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Asked by Geminie

Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio?
11 years ago

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Answered by Ms. Sue
http://www.economicshelp.org/blog/67/money/money-multiplier-and-reserve-ratio-in-us/
11 years ago
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Why is the money multiplier in the United States smaller than the inverse of the required reserve ratio?

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