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Author Question: Which of the following will lower the money multiplier? a. An increase in the currency/checkable ... (Read 69 times)

maychende

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on: Jun 30, 2018
Which of the following will lower the money multiplier?
 
  a. An increase in the currency/checkable deposit ratio
  b. A decrease in the excess reserve/checkable deposit ratio
  c. A decrease in the required reserve/checkable deposit ratio
  d. Either a or b
  e. All of the above

Question 2

During the antebellum period, factories grew, in part, due to internal economies of scale.
 
  Indicate whether the statement is true or false


durant1234

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

A

Answer to Question 2

True


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