Author Question: If the required reserve ratio is 5 percent, then the simple deposit multiplier is A) 2. B) 5. C) ... (Read 59 times)

hubes95 · **on:** Jun 29, 2018

If the required reserve ratio is 5 percent, then the simple deposit multiplier is

A) 2. B) 5. C) 10. D) 20.

Question 2

Refer to the Article Summary. When Fed Chair Janet Yellen announced that a rate increase would be warranted by the end of the year, she was was referring to the

A) required reserve rate. B) long-term real rate of interest.
C) prime rate. D) federal funds rate.