Consider an economy with currency in circulation of​ $100, checkable deposits of​ $200, and excess reserves of​ $2. If t

[answerhappygod]

Consider an economy with currency in circulation of​ $100,
checkable deposits of​ $200, and excess reserves of​ $2.
If the required reserves ratio is​ 10%, what is the money
multiplier in this​ economy? (round up to one digit after
the​ decimal)
A.
2.9
B.
2.5
C.
2.8
D.
2.2