In the Money and Credit Expansion Process,when R = the Required

question 4

Multiple Choice

In the money and credit expansion process,when r = the required reserve ratio,the total change in checkable deposits is equal to the initial change in excess reserves

• A)multiplied by r
• B)plus the change in required reserves
• C)divided by 1/r
• D)multiplied by 1/r
• E)divided by the change in required reserves

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