If the Required Reserve Ratio Is 0

question 129

Multiple Choice

If the required reserve ratio is 0.1, the level of deposits is $1,000, the level of currency held by the public is $200 and the level of excess reserves is $300, then m₁ is

• A) 0.
• B) 1.
• C) 2.
• D) 3.

---

Definitions:

Need Awareness

The stage at which the salesperson is aware of the buyer’s needs and takes control of the situation by restating those needs to clarify the situation.

Serta Mattress

A brand of mattresses known for their comfort and quality, often highlighted in discussions about sleep improvement and home furnishing.

Pillow-Top

A type of mattress featuring an additional upholstery layer on the top for enhanced comfort, often used in descriptions of bedding products.

Preconscious Level

A psychological term for thoughts and feelings not immediately in consciousness but that can easily be brought to mind.