Everything Else Held Constant,an Increase in the Required Reserve Ratio

question 174

Multiple Choice

Everything else held constant,an increase in the required reserve ratio on checkable deposits will cause

• A)the money supply to rise.
• B)the money supply to remain constant.
• C)the money supply to fall.
• D)checkable deposits to rise.

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Definitions:

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Allele

A variant form of a gene at a particular location on a chromosome that controls a specific trait.

Genotype

The genetic makeup of an organism, determining inherited characteristics.

Phenotype

The set of observable characteristics of an individual resulting from the interaction of its genotype with the environment.