Which of the following will cause the money multiplier to become smaller?
A) an increase in high powered money
B) a decrease in the ratio of reserves to checkable deposits
C) an increase in the public's preference for checking deposits as opposed to holding currency
D) a reduction in high powered money
E) none of the above
E
Economics
You might also like to view...
The expansion path sloping __________ means as the firm expands each input is used more and more.
Fill in the blank(s) with the appropriate word(s).
Economics
In explaining their relative income status, either poor families don't work enough, or are paid too little
Indicate whether the statement is true or false
Economics