In a Fractional-Reserve Banking System the Reserve/deposit Ratio Equals

question 28

Multiple Choice

In a fractional-reserve banking system the reserve/deposit ratio equals:

• A)more than 100 percent.
• B)currency held by the public divided by deposits.
• C)100 percent.
• D)less than 100 percent.

Understand the concept of utility functions and how they are used to make decisions.

Analyze how different allocations of resources can satisfy fairness and efficiency criteria.

Understand the impact of cost of living differences on financial support decisions.

Learn the Borda count method for voting and its application in elections.

---

Definitions:

Reflexively

In a manner that involves or denotes an action performed as a reflex, without conscious thought, or as a response to oneself.

Excrete

The process by which living organisms remove waste materials from their bodies.

Permanent Cessation

The irreversible end of an activity, function, or existence; often used in reference to the cessation of biological life or specific bodily functions.