If the reserve ratio is 10 per cent and a bank holds $1000 in deposits, then the bank must hold $100 in reserve.
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Q11: The Reserve Bank can affect the money
Q12: A relatively narrow measure of money is
Q13: Banks attempt to hold as much reserves
Q14: Money is the set of assets in
Q15: A medium of exchange is an item
Q17: An independent RBA has minimised the level
Q18: If the currency to deposit ratio falls,
Q19: The gold standard is used as the
Q20: In the absence of money, people would
Q21: There is a _:
A)short-run trade-off between prices
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