If All the Commercial Banks in the Banking System Collectively

question 93

Multiple Choice

If all the commercial banks in the banking system collectively have $300 million in cash reserves and are satisfying their target reserve ratio of 20%,what is the amount of deposits they have?

• A)$0
• B)$60 million
• C)$600 million
• D)$1500 million
• E)$2000 million

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Definitions:

Lab Animals

Animals used in scientific research to study biological processes, drug effects, disease mechanisms, and other phenomena relevant to human health and behavior.

Titchener--Structuralism

A theory in psychology, pioneered by Edward Titchener, that aimed to describe the structure of the mind using introspection, focusing on different components of consciousness.

Freud--Behaviorism

No clear definition as a single key term; seems to potentially conflate Freud's psychoanalytic theory with the separate behaviorist school of psychology.

Collect Evidence

The process of gathering factual information, data, or physical items from various sources to support or refute a position, claim, or legal case.