Which of the following is a component of money?

• A. coins held by the nonbank public
• B. bills held by banks
• C. checkable deposits
• D. all of the above

Which of the following will cause the money multiplier to become smaller?

• A. an increase in central bank money
• B. a decrease in the ratio of reserves to checkable deposits
• C. an increase in the public's preference for checking deposits as opposed to holding currency
• D. none of the above