The money multiplier equals a. 1/R, where R represents the quantity of reserves in the economy. b. 1/R, where R represents the reserve ratio for all banks in the economy. c. 1 / (1+R), where R represents the quantity of reserves in the economy. d. 1 / (1+R), where R represents the reserve
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Home » Business » The money multiplier equals a. 1/R, where R represents the quantity of reserves in the economy. b. 1/R, where R represents the reserve ratio for all banks in the economy. c. 1 / (1+R), where R represents the quantity of reserves in the economy. d.