The greater the required reserve ratio, the:
A. higher is the spending multiplier.
B. lower is the spending multiplier.
C. lower is the monetary multiplier.
D. higher is the monetary multiplier.
C. lower is the monetary multiplier
Economics
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"A rise in the money supply raised output in the short run, but left output unaffected in the long run." This statement implies that the price level __________ in the long run, causing the interest rate to __________
A) rose; rise B) rose; fall C) fell; rise D) fell; fall
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About 1.7 percent of elementary and secondary students were educated at home in 1999
a. True b. False
Economics