Explain why the money multiplier is generally greater than 1? - Answers

At first this question sounds nearly meaningless, but I have a hunch of what you may be talking about. It's just a hunch: I think you live in the USA, and you've noticed that when you Want to convert some of your dollars into Another Country's money, you almost always multiply your dollars by a number greater than ' 1 ' to find out how much of the other country's money you can get for them. The answer to that one is simple: There are very few countries ... not many, but there are some ... where the basic unit of their currency is worth 1 US dollar or more. Putting it another way, 1 US dollar will buy more than one unit of currency in most other countries. Everything is relative. Like, if that wasn't your question, then my answer to it is equally meaningless.