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Author Question: In a simplified system where all banks have uniform reserve requirements and checkable deposits are ... (Read 49 times)

rayancarla1

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on: Jun 30, 2018
In a simplified system where all banks have uniform reserve requirements and checkable deposits are the only form of money, the money multiplier is equal to 1 over the required reserve ratio.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

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


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KKcool

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

True

Answer to Question 2

False


rayancarla1

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  • Posts: 571
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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