In 1991,the Federal Reserve Lowered the Reserve Requirement Ratio from 12

question 1

Multiple Choice

In 1991,the Federal Reserve lowered the reserve requirement ratio from 12 percent to 10 percent.Other things the same this should have

• A) increased both the money multiplier and the money supply.
• B) decreased both the money multiplier and the money supply.
• C) increased the money multiplier and decreased the money supply.
• D) decreased the money multiplier and increased the money supply.

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Definitions:

Freedom

The privilege or capacity to operate, communicate, or speculate without being hampered or constricted.

Columbian Exchange

The widespread transfer of plants, animals, culture, human populations, technology, diseases, and ideas between the Americas and the Old World following Columbus's voyages.

Coverture

A legal doctrine whereby, upon marriage, a woman's legal rights and obligations were subsumed by those of her husband, according to common law.

Mestizos

Individuals of mixed European and Indigenous American descent, a term primarily used in Latin America to describe a major cultural and demographic group.