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Exhibit 15-2 -Each of the Following Can Cause the Supply of Money

Question 38

Multiple Choice

Exhibit 15-2
Exhibit 15-2 -Each of the following can cause the supply of money to shift from S to S* in Exhibit 15-2,except A) an increase in the required reserve ratio B) the sale of US Treasury securities by the Fed C) a decrease in the required reserve ratio D) a decrease in the discount rate E) an increase in excess reserves in the banking system
-Each of the following can cause the supply of money to shift from S to S* in Exhibit 15-2,except


A) an increase in the required reserve ratio
B) the sale of US Treasury securities by the Fed
C) a decrease in the required reserve ratio
D) a decrease in the discount rate
E) an increase in excess reserves in the banking system

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