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If the money multiplier increases from 10 to 12, what must have happened to the reserve requirement? It fell to zero. It stayed the same.
If the money multiplier increases from 10 to 12, what must have happened to the reserve requirement? It fell to zero. It stayed the same. It increased from 8.3% to 10%. It decreased from 10% to 8.3%.Traditionally, the chair of the Board of Governors has: been a part of the legislative branch. been part of the executive branch. never served as the chair of the FOMC. also served as the chair of the FOMC
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