Examlex
Which of the following statements is an example of a behavioral change mechanism?
Money Multiplier
The ratio that measures the maximum amount of commercial bank money that can be created by a given unit of central bank money.
Fed
The Federal Reserve System, which is the central bank of the United States, responsible for monetary policy.
Bonds
Fixed-income investments representing loans made by an investor to a borrower, typically corporate or governmental, where the borrower agrees to pay back the borrowed funds with interest at a later date.
Money Multiplier
A factor that quantifies the amount of money the banking system generates with each unit of reserves.
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