[Steps Shown] QUESTION: (10%) How large is the money multiplier when the required reserve ratio is 0.125? If the required reserve ratio decreases to 0.10,
QUESTION: (10%)
- How large is the money multiplier when the required reserve ratio is 0.125?
- If the required reserve ratio decreases to 0.10, what happens to the money multiplier?
Deliverable: Word Document 
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