If the monetary base (B) is $1,110 billion and the money supply is $8,800 billion Group of answer choices A) The money multiplier mush be 0.125. B) Nominal GDP must be $7,700. C) The money multiplier mush be 8. D) The money multiplier mush be 7.7. E) The money multiplier mush be 7.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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If the monetary base (B) is $1,110 billion and the money supply is $8,800 billion

Group of answer choices
A) The money multiplier mush be 0.125.
B) Nominal GDP must be $7,700.
C) The money multiplier mush be 8.
D) The money multiplier mush be 7.7.
E) The money multiplier mush be 7.
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