if-the-money-multiplier-is-4-and-the-initial-deposit-is-500-what-is-the-total-po

Question

If the money multiplier is 4 and the initial deposit is $500, what is the total potential increase in the money supply?

Accepted Answer

$2,000

Answer

$1,000

Answer

$500

Answer

$4,000

If the money multiplier is 4 and the initial deposit is \$500, what is the total potential increase in the money supply?