If the currency to deposit ratio decreases and the monetary base is unchanged, the value of the money multiplier will ________ and the value of the money supply will ________
A) decline; decline
B) decline; increase
C) increase; decline
D) increase; increase
D
Economics
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A simultaneous increase in inflation and decrease in economic growth in a country can be associated with:
a. a decrease in aggregate demand with no change in aggregate supply. b. an increase in aggregate demand and aggregate supply. c. an increase in aggregate supply with no change in aggregate demand. d. a decrease in aggregate supply and aggregate demand. e. a decrease in aggregate supply with no change in aggregate demand.
Economics
When a tariff is imposed, the supply curve for the imported good
A. becomes perfectly inelastic. B. does not change. C. shifts downward and to the right. D. shifts upward and to the left.
Economics