3.612
force
The multiplier. The multiplicand is multiplied by the multiplier to create the product.
For a change of p percent, the multiplier is (1+p/100).
Multiplier x multiplicand = product
Money Multiplier is inverse of Reserve Requirement. That is, m = 1/R
The credit multiplier decreases.
The money multiplier is the reciprocal of the reserve requirement, which can only be a finite number.
The multiplier effect describes how an increase in some economic activity starts a chain reaction that generates more activity than the original increase. The multiplier effect demonstrates the impact that reserve requirements set by the Federal Reserve have on the U.S. money supply.
25 percent
it is 25 apex
100
it is the inverse of the reserve requirement. 1/rr. so if the required reserve is 10%, then MM would be 10.
3.612
20 wrong! its 50-apex 100 % sure:)
The reserve requirement could change.
the federal funds rate