Refer to the Information Below

question 177

Multiple Choice

Refer to the information below.The monetary multiplier is: Consolidated balance sheet for the chartered banking system.All figures are in billions.Assume that the desired reserve ratio is 20 percent.

• A)4
• B)5
• C)8
• D)10

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Definitions:

Erythrocytes

Red blood cells that transport oxygen from the lungs to tissues throughout the body and return carbon dioxide back to the lungs for exhalation.

Leukocytes

White blood cells; colorless amoeboid cells that defend the body against disease-causing organisms.

Hemoglobin

A protein in red blood cells responsible for transporting oxygen from the lungs to the rest of the body and carbon dioxide back to the lungs.

Plasma

The fluid portion of blood in which red blood cells, white blood cells, and platelets are suspended.