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Author Question: In a simplified banking system, the money multiplier falls as the required reserve ratio rises. a. ... (Read 48 times)

colton

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on: Jun 30, 2018
In a simplified banking system, the money multiplier falls as the required reserve ratio rises.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In a system in which all banks have a uniform reserve requirement, the money multiplier is equal to 1 divided by the required reserve ratio.
 a. True
  b. False
  Indicate whether the statement is true or false


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jessicaduplan

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

True

Answer to Question 2

True


colton

  • Member
  • Posts: 627
Reply 2 on: Jun 30, 2018
Excellent

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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