Unformatted text preview: requirement percentage is .05 then the simple deposit multiplier is I A) 0 1 B) 5 C) 2 D) 0 2 8) f the Federal Open Market Committee wants to decrease the money supply through open I market operations it will A) uy U.S. Treasury Securities. b B) ell U.S. Treasury Securities. s C) ncrease the discount rate. i D) ecrease the discount rate. d 9) he velocity of money is defined as T A) he average number of times each dollar is used to purchase goods and services. t B) M . PxY C) he total number of times...
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This note was uploaded on 04/22/2010 for the course ECONOMICS ECON1002 taught by Professor None during the Spring '10 term at Hong Kong Institute of Vocational Education.
- Spring '10