If Tucker National Bank has $10,000 in excess reserves that it cannot lend:
A. the money multiplier increases.
B. the money multiplier decreases.
C. the money multiplier stays the same.
D. checkable deposits increase.
Answer: B
Economics
You might also like to view...
When a good gets better from one year to the next, the CPI has a what is called
A) commodity substitution bias. B) outlet substitution bias. C) magnitude of change bias. D) new goods bias. E) quality change bias.
Economics
A shortage tends to put ________ pressure on the price of the product, which ________ the quantity demanded
A) upward; increases B) upward; decreases C) downward; increases D) downward; decreases
Economics