If Total Reserves for a Bank Are $25,000,excess Reserves Are

question 85

Multiple Choice

If total reserves for a bank are $25,000,excess reserves are $5,000,and demand deposits are $100,000,the money multiplier must be

• A)20.
• B)25.
• C)10.
• D)5.

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Definitions:

Time Constraint

A specific limit or period within which a task or project must be completed.

Inequality/Equality

Mathematical expressions that describe the relationship between two values, indicating whether they are unequal or equal respectively.

Monthly Profit

The net gain or income that a business generates in a particular month after all expenses are subtracted from revenues.

B-type Steel Sheets

A classification for steel sheets, indicating specific properties or uses, typically related to the grade or quality of the steel.