Which of the following would reduce the money multiplier?
A) bank reductions in desired reserve holdings B) reducing the reserve ratio
C) cash drains from banks D) bond purchases by the Fed
C
Economics
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In an economy with production function Y = 1.5 × , K = 343, and L = 512. If factor markets are in equilibrium, then the rental price of capital is (approximately) ________, and the real wage is (approximately) ________
A) 0.5; 0.8 B) 7; 8 C) 0.9; 1.35 D) 1.4; 0.4 E) 0.6; 0.9
Economics
Which of the following examples comes closest to a perfectly competitive market?
a. medical equipment producers b. cleaning supplies manufacturers c. agricultural commodities market d. furniture suppliers
Economics