Assuming initially that the required reserve ratio = 10%,the currency-deposit ratio = 75%,and the excess reserve ratio = 156%,an increase in the currency-deposit ratio to 150% causes the M1 money multiplier to ________,everything else held constant.

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The M1 money multiplier is calculated as 1 / (required reserve ratio + currency-deposit ratio + excess reserve ratio). Initially, the M1 money multiplier is 1 / (0.10 + 0.75 + 0.15) = 0.73. After the currency-deposit ratio increases to 150%, the M1 money multiplier becomes 1 / (0.10 + 1.50 + 0.15) = 0.78.

Assuming Initially That the Required Reserve Ratio = 10%,the Currency-Deposit