In a simplified system where all banks have uniform reserve ...

[rayancarla1]

In a simplified system where all banks have uniform reserve requirements and checkable deposits are the only form of money, the money multiplier is equal to 1 over the required reserve ratio.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In a simplified banking system, the money multiplier falls as the required reserve ratio decreases.
 a. True
  b. False
  Indicate whether the statement is true or false

[KKcool]

Answer to Question 1

True

Answer to Question 2

False

[rayancarla1]

Thanks for the timely response, appreciate it

[vickybb89]

Excellent