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13.4 How banks create money

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  • Card 10 / 10:
    money multiplier formula

    total money in the economy divided by the original quantity of money, or change in the total money in the economy divided by a change in the original quantity of money

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Practice FlashCards 6 Key Terms 1

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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