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Munze Munze
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Posts: 996
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7 years ago
An increase in the reserve ratio, θ, will cause
A) an increase in the monetary base (H).
B) a reduction in H.
C) an increase in the money multiplier.
D) a reduction in the money multiplier.
E) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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2 Replies
Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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7 years ago
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Munze Author
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6 years ago
Excellent answer!
Macroeconomics, 6/E (Blanchard, Johnson)
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