As the reserve ratio goes up, the money multiplier goes:
A) up, and more money will be created.
B) down, and less money will be created.
C) up, and less money will be created.
D) down, and more money will be created.
Correct Answer:
Verified
Q98: A reserve ratio of 0.10 means that
Q99: If a bank's reserve ratio is increasing,
A)reserves
Q100: If the required reserve ratio is 0.12,
Q101: If the required reserve ratio is 0.10,
Q102: Assuming that the reserve ratio is 0.05
Q104: If the money multiplier is 5, what
Q105: If the reserve ratio is 0.1, the
Q106: If people held all their money as
Q107: Which institutions can create money?
A)The government and
Q108: The amount of money ultimately created per
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