If the required reserve ratio is 20 percent, the simple deposit multiplier is
A) 5.0.
B) 2.5.
C) 4.0.
D) 10.0.
A
Economics
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An increase in financial innovations such as increased network of ATM machines and the widespread acceptance of debit cards
A) will shift the demand for money to the right. B) will shift the demand for money to the left. C) increases the quantity of money people want to hold at each interest rate. D) decreases the quantity of money people want to hold at each interest rate.
Economics
A rational decision maker engages in an activity if that activity is more attractive than the best alternative
a. True b. False
Economics