An increase in the required reserve ratio will lead to a/an:
a. increase in the monetary base.
b. increase in the money multiplier.
c. increase in the money supply.
d. both b and c.
e. both a and c.
D
You might also like to view...
If the marginal cost for the state of Montana to increase the speed limit on its interstate highways to 100 mph is estimated to be $500 per day, then Montana should increase the speed limit to 100 mph
A) only if the marginal benefit received each day is less than $500. B) as long as the marginal benefit received each day is just equal to or greater than $500. C) as long as the daily marginal cost is lower than it had been before the speed limit increase. D) unless the marginal benefit received falls to zero.
If the unemployment rate is 6.2% and the number of people employed is 200,000, the labor force is approximately
A. 210,970 people. B. 212,400 people C. 213,220 people. D. cannot be determined from this information.