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3 years ago

A higher required reserve ratio _________ the value of the simple deposit multiplier.

1 answer:

3 0

The answer to this question is decreases
required reserve ratio refers to a certain amount of depositors' money that the banks need to have available on their hand.
simple deposit multiplier. refers to the amount of money that the bank does not hold as excess reserve.
When the amount of cash that need to be held is lower, the amount of excess will also tend to be lower

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Giving the following information:

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Read 2 more answers

A higher required reserve ratio​ _________ the value of the simple deposit multiplier.

A higher required reserve ratio _________ the value of the simple deposit multiplier.