Value of the potential money multiplier-reserve ratio

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Presume that the value of the potential money multiplier is equal to 8 compute the needed reserve ratio ___%. (Enter your response as a percentage rounded to one decimal place)

Reference no: EM13685999

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Value of the potential money multiplier-reserve ratio : Presume that the value of the potential money multiplier is equal to 8 compute the needed reserve ratio ___%. (Enter your response as a percentage rounded to one decimal place)
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