The simple money multiplier:
a. equals the reciprocal of the required reserve ratio

b. assumes banks hold excess reserves.
c. becomes larger as the required reserve ratio increases.
d. equals required reserves plus excess reserves.
e. equals total reserves minus required reserves.


a

Economics

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A demand curve is defined as the relationship between:

A. the price of a good and the quantity of that good that consumers are willing to buy. B. the price of a good and the quantity of that good that producers are willing to sell. C. the income of consumers and the quantity of a good that consumers are willing to buy. D. the income of consumers and the quantity of a good that producers are willing to sell.

Economics

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Economics