The Deposit Multiplier Is Given by the Formula

question 177

Multiple Choice

The deposit multiplier is given by the formula

• A) change in checkable deposits ÷ change in required reserves.
• B) change in checkable deposits ÷ change in reserves.
• C) change in excess reserves ÷ change in checkable deposits.
• D) change in legal reserves ÷ change in excess reserves.

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Definitions:

Domestic Help

Workers employed within households to perform tasks such as cleaning, cooking, and child care, often for wages.

True Womanhood

A 19th-century ideology in the United States that idealized women's domesticity, piety, purity, and submissiveness.

Child Labor

The employment of children in any work that deprives them of their childhood, interferes with their ability to attend regular school, and is mentally, physically, socially, or morally harmful.

Economic Exploitation

The act of using individuals or resources unfairly for financial gain, often resulting in inequity and injustice.