A reduction in the reserve ratio, ?, will cause
A) an increase in the monetary base (H).
B) a reduction in H and a reduction in the money multiplier.
C) an increase in the money multiplier.
D) a reduction in the money multiplier.
C
Economics
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Which of the following is not considered a factor that contributes to economic growth?
a. increased labor productivity b. increased infant mortality rates c. technological advances d. the migration of resources from areas of low productivity to areas of high productivity
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