If the Required Reserve Ratio Is 15 Percent,the Simple Deposit

question 30

Multiple Choice

If the required reserve ratio is 15 percent,the simple deposit multiplier is

• A)15.0.
• B)1.5.
• C)6.67.
• D)3.33.

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Definitions:

Minimum Value

The lowest possible amount, price, or level that something can reach.

National Defense

Government efforts, strategies, and structures to protect a country against external threats or military aggression.

Federal Spending

The total expenditure of the federal government, including spending on defense, welfare, infrastructure, and other public services.

Health Care

The organized provision of medical services to individuals or a community to maintain or improve health.