Elucidate the statement of fed eliminating all reserve


Elucidate the statement of Fed eliminating all reserve requirements on money multiplier.

"If the Federal Reserve abolished all reserve requirements, the money supply multiplier would be infinite-that is, there would be no limit to the expansion of DDO." Critique this statement.

 

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Business Economics: Elucidate the statement of fed eliminating all reserve
Reference No:- TGS021618

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