A decrease in the reserve ratio will
A. cause the money supply to decrease.
B. not affect the money supply.
C. cause the money supply to increase.
D. decrease the money multiplier.
Answer: C
You might also like to view...
As a percentage of total federal revenues, the individual income tax has _____
a. increased substantially since 1960 b. declined substantially since 1960 c. increased slightly since 1960 d. declined slightly since 1960
From 1983-2011, net exports for the US
What will be an ideal response?
The egalitarian principle refers to
A) "To each according to her need." B) "To each exactly the same." C) "To each according to her productivity." D) "To each according to his ability."
Debbie observes that leaves fall from trees before the fist day of winter, and concludes that the falling leaves cause winter to begin. This is an example of
A. Ockham's razor. B. the post hoc, ergo propter hoc fallacy. C. ceteris paribus. D. the fallacy of logic.