| << Chapter < Page | Chapter >> Page > |
Card 8 / 12:
What would be the effect of increasing the reserve requirements of banks on the money supply?
An increase in reserve requirements would reduce the supply of money, since more money would be held in banks rather than circulating in the economy.
| Previous Card | ← Previous Card Button |
| Next Card | → Next Card Button |
| Flip Card | ↑ / ↓ / Return / Space |
Notification Switch
Would you like to follow the 'Principles of economics' conversation and receive update notifications?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|