with-a-money-multiplier-of-5-and-an-initial-deposit-of-2000-what-is-the-total-po

Question

With a money multiplier of 5 and an initial deposit of $2,000, what is the total potential increase in the money supply?

Accepted Answer

$10,000

Answer

$5,000

Answer

$8,000

Answer

$2,000

With a money multiplier of 5 and an initial deposit of \$2,000, what is the total potential increase in the money supply?