Author Question: If the required reserve ratio decreases, the: a. money multiplier increases. b. money multiplier ... (Read 116 times)

Frost2351 · **on:** Jun 30, 2018

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