If R Represents the Reserve Ratio for All Banks in the Economy,then

question 30

Multiple Choice

If R represents the reserve ratio for all banks in the economy,then the money multiplier is

• A)1/(1-R).
• B)1/R.
• C)1/(1+R).
• D)(1+R)/R.

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Definitions:

Interval Reinforcement

A conditioning schedule where a response is rewarded after a variable amount of time has passed, in behavioral psychology.

Schedule of Reinforcement

A strategy in behavioral psychology determining when and how often a response will be reinforced.

Reinforcement

A process in behavioral psychology that increases the likelihood of a response by adding or removing a stimulus after the behavior.

Schedule

A plan that designates specific times at which certain tasks or events should occur.