Everything else held constant,an increase in the required reserve ratio on checkable deposits will cause

Name: Everything else held constant,an increase in the required reserve ratio on checkable deposits will cause
Brand: Quizplus
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Question

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An increase in the required reserve ratio on checkable deposits means that banks are required to hold a larger percentage of their deposits in reserve, which reduces the amount of money they have available to lend. This decrease in lending results in a decrease in the money supply.

Everything Else Held Constant,an Increase in the Required Reserve Ratio