The Money Multiplier Is

Multiple Choice

The money multiplier is

A) the amount by which a change in the quantity of money is multiplied to determine the change in the monetary base.
B) the amount by which a change in the monetary base is multiplied to determine the change in the quantity of money.
C) equal to bank reserves divided by the change in the monetary base.
D) equal to bank reserves divided by the change the quantity of money.