Business, 18.11.2019 09:31, dreamadoreaa

The money multiplier formula

determines the amount of funds loaned by the federal reserve bank to its members

is used by the board of governors to decide interest rate cuts

determines the amount of new money that will be created with each demand deposit

is used by the fed to determine the amount of currency in the economy

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The money multiplier formula

determines the amount of funds loaned by the federal reser...