The currency drain ratio is
A) the ratio of required reserves to currency.
B) the ratio of excess reserves to currency.
C) the ratio of currency to deposits.
D) the ratio of excess reserves to deposits.
E) None of the above.
Correct Answer:
Verified
Q42: The currency drain reduces the amount of
A)
Q44: When the Reserve Bank purchases government securities,
A)
Q45: An open market purchase of securities by
Q46: Open market operations are the
A) borrowing of
Q58: The greater the currency drain ratio,
A) the
Q95: Which of the following is a policy
Q97: A currency drain is
A)an increase in currency
Q101: C/D is the currency drain ratio
Q104: When the Reserve Bank sells $100 million
Q105: The Reserve Bank purchases $100 million of
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