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Author Question: If the required reserve ratio decreases, the: a. money multiplier increases. b. money multiplier ... (Read 102 times)

Frost2351

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If the required reserve ratio decreases, the:
 a. money multiplier increases.
  b. money multiplier decreases.
  c. amount of excess reserves the bank has decreases.
  d. money multiplier stays the same.
  e. amount of excess reserves stays the same.

Question 2

GDP per capita provides a reasonably accurate measurement of a country's income distribution.
 a. True
  b. False
  Indicate whether the statement is true or false



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abro1885

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Answer to Question 1

a

Answer to Question 2

False




Frost2351

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


meow1234

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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