You Deposit $4,000 in Currency in Your Checking Account

question 449

Multiple Choice

You deposit $4,000 in currency in your checking account. The bank holds 20 percent of all deposits as desired reserves. As a direct result of your deposit, your bank will create

• A) $3,200 of new money.
• B) $200 of new money.
• C) $1,600 of new money.
• D) $800 of new money.

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Definitions:

Physiotherapy

Healthcare profession dedicated to the assessment, diagnosis, and treatment of physical impairments or disabilities through physical interventions.

Disability

A condition that significantly restricts an individual's ability to perform certain activities or interact with the world around them due to physical or mental impairments.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.

Screening Tests

Medical tests or examinations used to detect diseases or conditions in people who do not yet have any symptoms.