If the Fed increases the reserve ratio from 5 percent to 12.5 percent, then the money multiplier
a. decreases from 20 to 8.
b. decreases from 12.5 to 5.
c. increases from 8 to 20.
d. increases from 5 to 12.5.
a
Economics
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A) stabilized; less B) stabilized; more C) slowed; less D) slowed; more
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On a production function, as capital per worker increases, output per worker
a. increases. This increase is larger at larger values of capital per worker. b. increases. This increase is smaller at larger values of capital per worker. c. decreases. This decrease is larger at larger value of capital per worker. d. decreases. This decrease is smaller at larger value of capital per worker.
Economics