The desired reserve-deposit ratio is equal
A) 10% of bank reserves.
B) 10% of bank deposits.
C) 100% of bank reserves.
D) bank reserves divided by bank deposits.
E) bank deposits divided by bank reserves.
Correct Answer:
Verified
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A) currency and customer chequing
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A) gold.
B) silver.
C) fiat
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Q37: The M2 measure of money consists of
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