The Money Multiplier Can Also Be Calculated as _______, Where

question 103

Multiple Choice

The money multiplier can also be calculated as _______, where a is the currency drain ratio and b is the desired reserve ratio.

• A)a + b)÷ 1 + b)
• B)a + b)÷ 1 + a)
• C)1 + b)÷ a + b)
• D)a ÷ a + b)
• E)1 + a)÷ a + b)

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Definitions:

Genus

A category used in biological classification that ranks above species and below family, grouping species that share common characteristics.

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding, classified within a common category.

Referent

An object or event in the world that a word or phrase denotes, refers to, or stands for.

Genus

A term used in taxonomy to rank an organism, grouping together species that share common characteristics.