Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.05, and the required reserve ratio is 0.1. Which will have a larger impact on the money multiplier: a rise of 0.05 in the currency ratio or in the excess reserve ratio? Instructions: Enter your response rounded to two decimal places. Initially, the money multiplier is m= If the currency-to-deposit ratio rises to 0.3, the multiplier will be m= If, instead, the excess reserve-to-deposit ratio rises by 0.05, the money multiplier will be m= So, multiplier falls by more with the increase in the excess reserve-to-deposit ratio