The mean (average) of 5 numbers is 130. If one of the numbers is recorded incorrectly as 59 instead of 95, what would be the correct mean?
A) 126.52
B) 130
C) 137.2
D) 140
Question 2
The deposit expansion multiplier would decrease if the Fed were to
A) raise the required reserve ratio.
B) lower the required reserve ratio.
C) lower the discount rate.
D) buy bonds.