Total deposits can be contracted by holding the amount of reserves constant but raising the reserve requirement.

Name: Total deposits can be contracted by holding the amount of reserves constant but raising the reserve requirement.
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If the reserve requirement is raised, banks will be required to hold a greater percentage of their deposits as reserves, reducing the amount of money they can lend out and therefore decreasing the total amount of deposits.

Total Deposits Can Be Contracted by Holding the Amount of Reserves