The Money Multiplier Is the Multiple by Which an Initial

Multiple Choice

The money multiplier is the multiple by which an initial change in:

A) nonincome-determined spending can change the money supply.
B) excess reserves in the depository institutions system can change the money supply.
C) nonincome-determined spending can change total output and income in the economy.
D) excess reserves in the depository institutions system can change total output and income in the economy.