NAIMMCQ Economics Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to ________ and the money supply to ________.

Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to and the money supply to .

Economics

Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to and the money supply to .

A) decrease; increase
B) increase; increase
C) decrease; decrease
D) increase; decrease

Answer: C

NAIMMCQ

Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to ________ and the money supply to ________.

Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to ________ and the money supply to ________.

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Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to and the money supply to .

Everything else held constant, an increase in the required reserve ratio on checkable deposits causes the M1 money multiplier to and the money supply to .