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thanhha78 thanhha78
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6 years ago
The money multiplier will be smaller when
A) banks prefer to lend out 9% of their excess reserves instead of 90%.
B) bank customers prefer to hold a bigger amount of their money as cash (instead of in their checking account).
C) when the reserve ratio decreases.
D) when the marginal propensity to save declines.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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6 years ago
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thanhha78 Author
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#2
6 years ago
you're honestly amazing, thank you
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