This topic contains a solution. Click here to go to the answer

Author Question: If the required reserve ratio decreases, the: a. money multiplier increases. b. money multiplier ... (Read 103 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
If the required reserve ratio decreases, the:
 a. money multiplier increases.
  b. money multiplier decreases.
  c. amount of excess reserves the bank has decreases.
  d. money multiplier stays the same.
  e. amount of excess reserves stays the same.

Question 2

GDP per capita provides a reasonably accurate measurement of a country's income distribution.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abro1885

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

a

Answer to Question 2

False




Frost2351

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library