Examlex
All of the following statements about the Brahmin caste are true EXCEPT:
Reserve Ratio
The fraction of deposits that a bank must hold in reserve and not lend out, as required by monetary authorities.
Reserve Ratio
The fraction of depositors' balances that banks must have on hand as cash, a requirement determined by the central bank.
Money Multiplier
The mechanism by which the base money supply is expanded through the banking system's ability to lend and create deposits.
Reserve Ratio
The portion of depositors' balances that banks must have on hand as cash.
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