money multiplier = change quantity of money / change money base
quention: you are given the following information about the economy of freezone: the people and businesses in
Freezone have bank deposits of $500 billion and sold $100 billion in notes and coins. the banks hold
deposits at the Freezone central bank of $5 billion and they keep $5 billion in coins and notes in their
vaults and ATMs. the Freezone central bank undertakes an open market sale of securities of $1billion.
calculate the money multiplier .
answer: 5.46
是怎样算出来的呢 尤其quantity of money 是多少呢 谢谢啦