Consider a system with multiple banks. Customers deposited $600$⁢600 billion in a bank, and the bank was required by the central bank to keep $228$⁢228 billion in reserves. Calculate the money...

Consider a system with multiple banks. Customers deposited $600$⁢600 billion in a bank, and the bank was required by the central bank to keep $228$⁢228 billion in reserves.


Calculate the money multiplier for this economy. Assume that all excess reserves are loaned out. Round your answer to one decimal place if necessary.