Business, 01.09.2019 16:00 eddyreynoso5025

Answer the question on the basis of the following table for a commercial bank or thrift:
refer to the table. if the legal reserve ratio falls from 25 percent to 10 percent, excess reserves of this single bank will:
a. fall by $6,000 and the monetary multiplier will decline from 30 to 10.
b. rise by $60,000 and the monetary multiplier will increase from 4 to 10.
c. fall by $2,000 and the monetary multiplier will decline from 10 to 4.
d. rise by $6,000 and the monetary multiplier will increase from 4 to 10.

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Answer the question on the basis of the following table for a commercial bank or thrift:
refe...