The more excess reserves banks choose to keep
A) the lower the required reserve ratio. B) the smaller the deposit multiplier.
C) the larger the deposit multiplier. D) the higher the required reserve ratio.
B
Economics
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Which of the following has NOT changed much as a percent of GDP over the last twenty years for the United States?
i. the official settlements account ii. the capital and financial account iii. the current account A) ii only B) ii and iii C) iii only D) i only E) None of the above answers is correct because all three have had large swings over the last 20 years.
Economics
A scatter diagram could help a policy maker decide on the size of a tax cut necessary to increase consumer expenditures by a certain amount
a. True b. False Indicate whether the statement is true or false
Economics