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Question 10 1 pts Which of the following statements is true in general for sure (you don't need to impose any other conditions for the
Question 10 1 pts Which of the following statements is true in general for sure (you don't need to impose any other conditions for the statement to be true)? 0 a. All else the same, an increase in currency-deposit ratio will lead to an increase in M1 money multiplier. O b. All else the same, a reduction in currency-deposit ratio will lead to an increase in M1 money multiplier. O c. All else the same, an increase in required reserve ratio will lead to an increase in M1 money multiplier. Q d. All else the same, an increase in excessreserves-deposit ratio will always lead to an increase in M1 money multiplier. 0 e. None of the above. Question 11 1 pts What are some criticisms of the simple money multiplier? O a. It assumes that banks do not want to hold any excess reserves. 0 b. It assumes that non-bank public do not want to hold any additional currency. 0 c. It assumes that the non-bank public want to borrow as much money as the banks want to lend. Q d. All of the above. 0 e. None of the above
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