Suppose You Found a $100 Bill That Was Lost for Many

question 26

Multiple Choice

Suppose you found a $100 bill that was lost for many years under your grandmother's mattress and you decided to deposit this money in a commercial bank.If the target reserve ratio were 20% and all excess reserves were lent out,your new deposit of $100 would lead to an eventual expansion of the money supply of

• A)$120.
• B)$200.
• C)$500.
• D)$1200.
• E)$2000.

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Definitions:

Lateral Lines

A sensory system found in aquatic vertebrates, used to detect movement and vibration in the surrounding water.

Electroreceptors

Specialized sensory receptors that certain aquatic animals possess, allowing them to detect electrical fields in their environment.

Keen Olfaction

The highly developed sense of smell, often found in animals, enabling them to detect and distinguish odors more acutely.

Metamorphosis

Transition from one developmental stage to another, such as from a larva to an adult. See also complete metamorphosis and incomplete metamorphosis.