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Author Question: In the United States there were legal reserve requirements on time and savings deposits during most ... (Read 85 times)

TVarnum

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In the United States there were legal reserve requirements on time and savings deposits during most of the post-World War II period. Therefore, the money multiplier for the M1 definition was
 
  a. smaller when time and saving deposits increased.
  b. smaller when time and saving deposits were assumed to be fixed.
  c. larger when time and saving deposits increased.
  d. smaller when time and saving deposits decreased.

Question 2

The Sherman Antitrust Act of 1890 was followed almost immediately in the 1890s by the largest merger movement ever known by Americans up to that point in U.S. history.
 
  Indicate whether the statement is true or false



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carlsona147

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Answer to Question 1

A

Answer to Question 2

True





 

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