The money multiplier declined significantly during the period 1930-1933 and also during the recent financial crisis of 2008-20

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3 years ago

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The money multiplier declined significantly during the period 1930-1933 and also during the recent financial crisis of 2008-20

10. Yet the M1 money supply decreased by 25% in the Depression period but increased by more than 20% during the recent financial crisis. What explains the difference in outcomes?

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1 answer:

Lisa [10] · Answer 1 · 2022-08-22T00:04:51+03:00

Lisa [10]3 years ago

6 0

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The money multiplier declined significantly during the period​ 1930-1933 and also during the recent financial crisis of​ 2008-20

The money multiplier declined significantly during the period 1930-1933 and also during the recent financial crisis of 2008-20