CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

The change in the quantity of money that results from a given change in the monetary base is determined by the ______.
A. currency drain
B. reserve ratio
C. money multiplier

User Contributed Comments 2

User Comment
tung but you missed "required". required reserve ratio is different from reserve ratio.
mstroh314 But money multiplier = 1/required reserve ratio. So isn't it determined by both?
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