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Potential multiplier rather than an indication of exactly

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Reference no: EM131171297

1. What is fiat money? Why is fiat money important in the United States today?

2. Why is the money multiplier considered to be a potential multiplier rather than an indication of exactly how much multiplication should be expected?

Reference no: EM131171297

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Potential multiplier rather than an indication of exactly : 1. What is fiat money? Why is fiat money important in the United States today? 2. Why is the money multiplier considered to be a potential multiplier rather than an indication of exactly how much multiplication should be expected?
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