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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
An increase in the currency drain ratio
A) decreases the monetary base.
B) increases the quantity of money.
C) increases bank reserves.
D) does not change the amount of the monetary base.
E) does not change the quantity of money.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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#2
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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