In the Simple Deposit Expansion Model, If the Desired Reserve

question 164

Multiple Choice

In the simple deposit expansion model, if the desired reserve ratio is 10 percent and the Bank of Canada increases reserves by $100, chequable deposits can potentially expand by ________.

• A) $100
• B) $250
• C) $500
• D) $1000

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Definitions:

Empathetic

Having the ability to understand and share the feelings of another, showing empathy.

Sexist Remarks

Statements or comments that discriminate or demean individuals based on their gender, often reflecting societal stereotypes or biases.

Male Group Members

Individuals who identify as male within a collective or group.

Racial Biases

Preconceived opinions or attitudes about races that affect understanding, actions, and decisions in an unconscious or conscious manner.