The simple deposit multiplier is:
A) 1/excess reserves.
B) 1/reserve requirement.
C) 1/deposit requirement.
D) none of the above.
Correct Answer:
Verified
Q9: Money serves all of the following functions
Q10: If $1000 was deposited in a bank
Q11: If $1000 was deposited in a bank
Q12: The banking system in the U.S.is based
Q13: The money multiplier is computed as follows:
A)(c
Q15: The function of money that enables prices
Q16: The currency deposit ratio,c,is 0.10.The reserve requirement,rr,is
Q17: The function of money that enables money
Q18: The monetary base consists of:
A)currency plus reserves.
B)currency
Q19: Deposits held by commercial banks are insured
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