The money-creation multiplier is the
A) same as the income-determination multiplier.
B) amount by which the money supply would rise with a $1 increase in the supply of high-powered money.
C) amount by which the money supply of high-powered money will increase equilibrium GDP.
D) amount by which a $1 increase in reserves would raise an individual bank's deposit liabilities.
Correct Answer:
Verified
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Q63: Figure 13-3 Q64: Figure 13-3 Q65: The Fed attempts to affect the level Q66: Figure 13-3 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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