Multiple Choice
If, during a deposit expansion, not all money is re-deposited into the banking system and some leaks out as currency, then the real world multiplier is:
A) smaller than 1/RR.
B) larger than 1/RR.
C) equal to 1/RR.
D) not related to 1/RR.
Correct Answer:
Verified
Correct Answer:
Verified
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