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8. Changes in the excess reserves ratio Suppose the value of the excess reserves ratio decreases. Then the money supply multiplier will increase Which of

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8. Changes in the excess reserves ratio Suppose the value of the excess reserves ratio decreases. Then the money supply multiplier will increase Which of the following can explain a decrease in the excess reserves ratio? A relatively large volume of cash transactions OA relatively small volume of cash transactions A credit crunch Underdeveloped financial markets Public mistrust of banks

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