When banks hold excess reserves, the size of the money multiplier
A) is less than the simple deposit multiplier would suggest.
B) is greater than the simple deposit multiplier would suggest.
C) is equal to the size of the simple deposit multiplier.
D) becomes infinite.
A
Economics
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a. Keynesian theorists b. Kuznets cycle theorists c. innovation cycle theorists d. real business cycle theorists e. internal cycle theorists
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Estimates of the value of a college education are based on
A. present value. B. enumerated costs and benefits. C. plausible deniability. D. actual costs and benefits.
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