The greater the legal reserve ratio, the:
A. lower the spending multiplier.
B. higher the money multiplier.
C. higher the spending multiplier.
D. lower the money multiplier.
Answer: D
You might also like to view...
? In Figure 5-16, Adam is
A. better off at C than at D and able to afford either C or D. B. better off at D than at C but only able to afford C. C. equally well off at C and D and able to afford either C or D. D. equally well off at C and D but only able to afford C.
Bundling raises higher revenues than selling the goods separately when
A) demands for two goods are highly positively correlated. B) demands for two products are mildly positively correlated. C) demands for two products are negatively correlated. D) there is a perfect positive correlation between the demands for two goods. E) the goods are complementary in nature.
Which of the following topics is not a part of a typical scenario plan?
a. Expected changes in corporate governance practices. b. Expected changes in labor-management relations. c. Expected changes in government intervention and regulations. d. Expected changes in country infrastructure. e. Expected changes in budgets and capital budgeting projects.
By not taking into account the possibility of consumer substitution, the CPI
a. understates the cost of living. b. overstates the cost of living. c. may overstate or understate the cost of living, depending on how quickly prices rise. d. may overstate or understate the cost of living, regardless of how quickly prices rise.