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________ increases the size of the money multiplier.

Loraine

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8 years ago

________ increases the size of the money multiplier.

________ increases the size of the money multiplier.
A) An increase in the currency drain ratio
B) An open market purchase of government securities by the Fed
C) A reduction in the desired reserve ratio
D) An open market sale of government securities by the Fed
E) An increase in the size of open market operations

Textbook

Essential Foundations of Economics

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 176 times

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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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Sydnie

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Sydnie

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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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