The Extent of Money Expansion Will Be

question 13

Multiple Choice

The extent of money expansion will be:

• A)greater if banks hold on to excess reserves.
• B)greater if private individuals hold on to cash.
• C)greater if banks hold on to excess reserves but less if private individuals hold on to cash.
• D)less if banks hold on to excess reserves but greater if private individuals hold on to cash.
• E)less if banks hold on to excess reserves or private individuals hold on to cash.

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Definitions:

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The process of planning, organizing, directing, and controlling resources (including human, financial, and material) to achieve organizational goals efficiently and effectively.

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