Which of the following changes would clearly increase the supply of money in the banking system?
a. an increase in the percentage of money people want to hold as currency and a decrease in the fraction of deposits banks want to hold as excess reserves
b. an increase in the percentage of money people want to hold as currency and an increase in the fraction of deposits banks want to hold as excess reserves
c. a decrease in the percentage of money people want to hold as currency and a decrease in the fraction of deposits banks want to hold as excess reserves
d. a decrease in the percentage of money people want to hold as currency and an increase in the fraction of deposits banks want to hold as excess reserves
c
You might also like to view...
Total fixed cost
A. varies with the level of output. B. has a downward-sloping curve. C. has an upward-sloping curve. D. is constant at all levels of output.
The Pension Benefit Guaranty Corporation, which protects employee pensions for participating firms, is not a well-designed insurance program
Indicate whether the statement is true or false
Assume that Y is normally distributed N? (??, ?2?). Moving from the mean ?(??) 1.96 standard deviations to the left and 1.96 standard deviations to the? right, then the area under the normal p.d.f.? is:
A) 0.67 B) 0.05 C) 0.95 D) 0.33
In discussing trade, it is ____ that matters rather than ____.
A. absolute advantage; elastic advantage B. comparative advantage; absolute advantage C. entire advantage; comparative advantage D. elastic advantage; entire advantage E. declarative advantage; absolute advantage