When additional or excess reserves are injected into the U.S. banking system, the money supply can potentially increase by an amount equal to the additional excess reserves multiplied by which of the following?
A)Reciprocal of the required reserve ratio.
B)Reciprocal of one minus the required reserve ratio.
C)Required reserve ratio.
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答案 A
The potential deposit expansion multiplier = 1 / (required reserve ratio)
The potential increase in the money supply = potential deposit expansion multiplier × increase in excess reserves
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