Suppose the Required Reserve Ratio Increased from 10% to 20

question 313

Multiple Choice

Suppose the required reserve ratio increased from 10% to 20%. This would:

• A)reduce the money multiplier from 10 to 5.
• B)increase the amount of excess reserves available.
• C)increase the money multiplier from 5 to 10.
• D)not change the money multiplier.

---

Definitions:

Tribes

Social groups typically consisting of familial ties, shared customs, and traditions, often with a distinct culture and social structure.

Ingroup-Outgroup Biases

A rephrased explanation of the tendency to exhibit favoritism towards one's own group while displaying prejudice or hostility towards others.

Stereotypes

Stereotypes are overgeneralized beliefs about a particular category of people, which often lead to prejudiced attitudes or actions.

Winning Group

This term typically refers to the team or set of individuals that achieve victory in a competition or achieve success in fulfilling their goals.