In a simplified banking system, the money multiplier falls as the required reserve ratio rises
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
Refer to the above figure. At real GDP of $1 trillion, actual investment equals
A) planned investment of $1 trillion. B) planned saving of $1 trillion. C) actual saving of 0. D) unanticipated inventory adjustments of $1 trillion.
Economics
Which of the following options could be used to eliminate a recessionary gap?
a. Decrease government spending b. Decrease consumption c. Decrease investment d. Decrease taxes
Economics