The Money Multiplier Is

question 249

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

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