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    Exam 14: The Federal Reserve and Monetary Policy
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    An Increase in the Required Reserve Ratio ____ Excess Reserves
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An Increase in the Required Reserve Ratio ____ Excess Reserves

Question 160

Question 160

Multiple Choice

An increase in the required reserve ratio ____ excess reserves and _____ the money supply.


A) increases;decreases
B) decreases;increases
C) decreases;decreases
D) increases;increases

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