The demand deposit multiplier is the number by which we must multiply the
a. injection of reserves to get the total change in demand deposits
b. total amount of demand deposits to get the total change in the money supply
c. level of required reserves to get the total change in the money supply
d. total amount of currency in circulation to find total demand deposits
e. change in demand deposits to find the total change in the money supply
A
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Any change that increases the quantity of labor supplied at all wage rates will ________, assuming all else equal
A) shift the labor supply curve to the left B) cause an upward movement along the labor supply curve C) shift the labor supply curve to the right D) cause a downward movement along the labor supply curve
Compare the growth rates in Hong Kong, Korea, Singapore, Taiwan, China, and the United States. In terms of real GDP per person, how far is China behind these others?
What will be an ideal response?
A corporation’s income is taxed
A. immediately after it is deposited in the bank. B. only before it is distributed to its owners. C. only after it is distributed to owners. D. both before and after it is distributed to owners.
The time that elapses between the implementation of a policy and its intended result is referred to as
A) the action time lag.
B) the recognition time lag.
C) the effect time lag.
D) the data lag.