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Author Question: Raising the required reserve ratio causes the money multiplier to increase. a. True b. False ... (Read 69 times)

jlmhmf

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  • Posts: 552
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


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karlss

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


jlmhmf

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  • Posts: 552
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

dantucker

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  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

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