Author Question: Raising the required reserve ratio causes the money multiplier to increase. a. True b. False ... (Read 34 times)

jlmhmf · **on:** Jun 30, 2018

Raising the required reserve ratio causes the money multiplier to increase.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In the banking system of the United States, banks that wish to borrow to make up reserve deficiencies must turn to the federal funds market.
a. True
b. False
Indicate whether the statement is true or false