__________ is/are the reciprocal of the required reserve ratio (1/rD) .
A) The required reserve rate
B) Total reserves
C) The simple money multiplier
D) Excess reserves
Correct Answer:
Verified
Q23: Though its open market operations, the Fed
Q24: Total reserves equal
A)the required reserve ratio multiplied
Q25: Depository institutions are required to hold reserve
Q26: Because depository institutions are profit driven, excess
Q27: To say that a bank is "loaned
Q29: The simple money multiplier relates
A)changes in reserves
Q30: How much can the banking system increase
Q31: How much can the banking system increase
Q32: How much can the banking system increase
Q33: To encourage depository institutions to borrow, the
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