Raising the required reserve ratio causes the money multiplier to ...

[jlmhmf]

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

[karlss]

Answer to Question 1

False

Answer to Question 2

False

[jlmhmf]

Thanks for the timely response, appreciate it

[olderstudent]

Excellent