问一道题：NO.PZ2016010801000073

问题如下：

The reserve requirement of 12% indicates that:

选项：

One dollar of excess reserves can generate a $0.12 increase in the money supply.

Money multiplier is 12.

One dollar of excess reserves can generate a $8.33 increase in the money supply.

解释：

C is correct.

If the reserve requirement is 12%, then the money multiplier is 1/0.12=8.33. In other words, one dollar of excess reserves can generate a $8.33 increase in the money supply.

考点：reserve requirement

解析：如果存款准备金率是12%，那么货币乘数是1/0.12=8.33。换句话说，1美元可以增加8.33美元的货币供应量。