Author Question: Which of the following events would reduce the size of the real-world money multiplier? a. Banks ... (Read 96 times)

lidoalex · **on:** Jun 30, 2018

Which of the following events would reduce the size of the real-world money multiplier?
a. Banks hold more excess reserves.
b. Households hold less currency.
c. The Fed increases the discount rate.
d. The Fed reduces the required reserve ratio.

Question 2

According to the text, Singapore and Hong Kong are classified as industrially advanced countries (IACs).
a. True
b. False
Indicate whether the statement is true or false