Author Question: If the reserve requirement decreases from 20 to 25 and the currency to deposit ratio increases from ... (Read 44 times)

nramada · **on:** Jun 30, 2018

If the reserve requirement decreases from 20 to 25 and the currency to deposit ratio increases from 10 to 15 then

a. the money multiplier and the money supply rises.
b. the money multiplier and the money supply stays the same.
c. the money multiplier and the money supply falls.
d. the money multiplier rose and the money supply falls.

Question 2

In the U.S., the most recognized entrepreneurs during industrialization were

(a) clearly monopolists.
(b) robber barons, who solely realized the concentrated wealth accumulated nation-wide.
(c) individuals whose market power clearly originated from within the government.
(d) key individuals who were famous or wealthy.