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Everything Else Held Constant,if the Sum of the Required Reserve

question 190

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Everything else held constant,if the sum of the required reserve ratio and the excess reserve ratio is less than one,an increase in the currency-deposit ratio causes the M1 money multiplier to ________ and the money supply to ________.


Definitions:

Ethnic Differences

Variations in culture, tradition, and practices among different ethnic groups.

Outgroup Members

Individuals or groups that are perceived as being different or apart from one's own group.

Self-fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become true.

Racial Stereotypes

Generalizations or assumptions about the characteristics, attributes, and behaviors of members of a certain racial group.

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