The money multiplier is calculated as 1 / reserve requirement multiplied by the:
A. change in excess reserves following a change in the money supply.
B. change in deposits following a change in government expenditure.
C. change in total reserves following a change in the money supply.
Answer: A. change in excess reserves following a change in the money supply.
Economics
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Expected value is
a. (Probability of state A+Value in state A) (Probability of state B+Value in state B) b. (Probability of state AValue in state A)+(Probability of state BValue in state B) c. (Probability of state AValue in state A)-(Probability of state BValue in state B) d. (Probability of state A-Value in state A) (Probability of state B-Value in state B)
Economics
When is disclosure economically desirable?
Economics