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Author Question: If the banking system's money multiplier is 4, then a 2,000 increase in checkable deposits when ... (Read 58 times)

ETearle

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on: Jun 30, 2018
If the banking system's money multiplier is 4, then a 2,000 increase in checkable deposits when banks hold excess reserves will result in which of the following events?
 a. The money supply will decrease
  b. The money supply will not change.
  c. The money supply will increase by exactly 8,000.
  d. The money supply will increase by more than 8,000.
  e. The money supply will increase by less than 8,000.

Question 2

A country can develop without a large natural resource base.
 a. True
  b. False
  Indicate whether the statement is true or false


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234sdffa

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

e

Answer to Question 2

True


ETearle

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Reply #2 on: Jun 30, 2018
Correct answers!


234sdffa

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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