8. If the monetary base is increased by $1,000 and the reserve requirement is 10%
(1/10), by how much will the money supply be increased?
a. $100
b. $1,000
c. $5,000
d. $10,000
(1/10), by how much will the money supply be increased?
a. $100
b. $1,000
c. $5,000
d. $10,000