If a central bank wants to pursue an expansionary monetary policy, it should change policies to ensure
Question:
If a central bank wants to pursue an expansionary monetary policy, it should change policies to ensure what happens to the required reserves ratio?
a. The required reserves ratio should be set equal to the currency ratio.
b. The required reserves ratio should be made greater than 1.
c. The required reserves ratio should be reduced.
d. None of the above.
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Related Book For 
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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