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An increase in the required reserve ratio: a. will cause the amount of bank reserves to rise b. will decrease the amount of bank checkable
An increase in the required reserve ratio:
a. will cause the amount of bank reserves to rise
b. will decrease the amount of bank checkable deposits commercial banks can create with a given amount of bank reserves
c. will cause the amount of bank reserves to fall
d. will cause the payroll tax rate to also increase
e. will cause the unemployment rate to fall
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