Who First Posited That a Given Increase in the Reserve

question 32

Multiple Choice

Who first posited that a given increase in the reserve base causes deposits to multiply as the reserve increase shifts from bank to bank?

• A)Alexander Hamilton
• B)James Pennington
• C)Chester Phillips
• D)James Meade

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Definitions:

Extemporaneous Speaking

Speaking from a written or memorized speech outline without having memorized the exact wording of the speech.

Memorized Speaking

Delivering a speech word-for-word from memory without using notes.

Impromptu Speaking

Delivering a speech without advance preparation.

Nonverbal Mannerism

The unique, often subconscious, body language behaviors and gestures exhibited by an individual, contributing to their personal communication style.