Everything Else Held Constant,an Increase in the Time Deposit Ratio

question 172

Multiple Choice

Everything else held constant,an increase in the time deposit ratio will result in ________ in the M1 money multiplier and ________ in the M2 money multiplier.

• A)an increase;an increase
• B)no change;an increase
• C)a decrease;a decrease
• D)no change;a decrease

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Definitions:

Normally Open

Describes a switch or relay contact that is in a default open state, allowing current to flow only when the contact is actuated to close.

Normally Closed

A term referring to an electrical switch or circuit state where the contacts are closed (allowing current flow) when no actuating force is applied.

Electrical State

An electrical state refers to the condition of an electrical component or system, such as being charged, discharged, on, or off.

Drum Switch

A switch used to change the direction of rotation of an electric motor or machine tool.