If the reserve ratio is 0.05, then the simple deposit multiplier is:
A) 10.
B) 5.
C) 2.
D) 20.
Correct Answer:
Verified
Q68: Usually, a bank's largest liability is its:
A)short-term
Q69: Banks can increase the money supply by:
A)offering
Q70: For most banks, their largest asset is
Q71: Those things that are owed to a
Q72: Which of the following is a 'liability'
Q74: Which of the following are part of
Q75: A bank holds its reserves as _
Q76: The _ the amount of excess reserves
Q77: A person's 'wealth' is:
A)something owned by them.
B)something
Q78: Robba Bank has $500 million in deposits,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents