Author Question: The number by which a change in the monetary base is multiplied to find the resulting change in the ... (Read 81 times)

dakota nelson · **on:** Jun 29, 2018

The number by which a change in the monetary base is multiplied to find the resulting change in the quantity of money is called the

A) desired reserve ratio.
B) money multiplier.
C) currency multiplier.
D) currency drain.
E) open market operation.

Question 2

Compensation of losers from opening an economy to international trade is not common because:

A) losers don't lose so much that they would require to be compensated.
B) the loss is made up through the availability of a wider array of goods and services.
C) it is difficult for governments to carry out such compensation policies.
D) the government will have to transfer huge amounts of money to compensate losers.