# Banks in Ruritania have a required reserve ratio of 10%. Round all answers to one place...

###### Question:

Banks in Ruritania have a required reserve ratio of 10%. Round all answers to one place after the decimal. What is the simple money multiplier? simple money multiplier: 10 Money leakages, however, are quite high. Required reserves and leakages amount to 33% of deposits. What is the leakage- adjusted money multiplier? leakage-adjusted money multiplier 2.3 1:23 BPA . 10 1:50 AM 1/24/202020

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