In a simplified banking system, the money multiplier falls as the ...

[colton]

In a simplified banking system, the money multiplier falls as the required reserve ratio rises.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In a system in which all banks have a uniform reserve requirement, the money multiplier is equal to 1 divided by the required reserve ratio.
 a. True
  b. False
  Indicate whether the statement is true or false

[jessicaduplan]

Answer to Question 1

True

Answer to Question 2

True

[colton]

Thanks for the timely response, appreciate it

[nanny]

Great answer, keep it coming