Social Studies, 04.04.2020 14:27 dee5896
The money multiplier will be .
a. larger if banks hold on to excess reserves but smaller if private citizens hold on to cash.
b. smaller if banks hold on to excess reserves but larger if private citizens hold on to cash.
c. smaller if either banks hold on to excess reserves or private citizens hold on to cash.
d. larger if either banks hold on to excess reserves or private citizens hold on to cash.
e. constant whether or not banks and citizens try to alter their holdings of excess reserves and cash.
Answers: 3
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The money multiplier will be .
a. larger if banks hold on to excess reserves but smaller if pr...
a. larger if banks hold on to excess reserves but smaller if pr...
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