Multiple Choice
As a result of the Fed's actions during the 2008 financial crisis and banks' lending policies,
A) the M2 money multiplier has fallen from about 9 to about 4.
B) the M2 money multiplier more than doubled.
C) the monetary base decreased by 50 percent.
D) the ratio of currency to M2 deposits more than doubled.
E) the reserve requirement ratio increased.
Correct Answer:
Verified
Correct Answer:
Verified
Q75: When people make deposits of currency into
Q76: A commercial bank is defined as<br>A)any institution
Q77: When the Fed _,the quantity of banks'
Q78: If currency outside of banks is $800
Q79: Suppose the currency drain ratio is 25
Q81: If the Federal Reserve lowers the required
Q84: Which of the following are included in
Q85: As a result of the Fed's actions
Q376: Define money and list its functions.
Q428: If you have assets that include $50