Everything else held constant, a decrease in the required reserve ratio on checkable deposits causes the m1 money multiplier to and the money supply to a) increase; increase b) increase; decrease c) decrease; increase d) decrease; decrease

The correct answer is (A)

Explanation:

The size of the multiplier relies upon the level of reserves banks are required to hold in the bank. Reserve ratio is the amount of money bank is needed to keep as a reserve to increase bank liquidity. Reserve requirement and money multiplier have a negative association; a decrease in reserve requirement will increase the money multiplier. An increase in money multiplier will increase the overall money supply in the economy.

answer; synthetic production system;

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.