Ask Question
2 January, 01:43

Which accurately describes how raising the required reserve ratio reduces the money supply?

+2
Answers (1)
  1. 2 January, 01:50
    0
    I had to look for the options and here is my answer:

    The statement that best describes as to how increasing the required reserve ratio decreases the supply of money is this: Based on the actual options given, when the required reserve ratio is raised, banks must loan out a smaller portion of their reserves, resulting in fewer loans.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which accurately describes how raising the required reserve ratio reduces the money supply? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers