Use Properties of Rational Exponents to Simplify the Expression

question 44

Multiple Choice

Use properties of rational exponents to simplify the expression. Assume that any variables represent positive numbers.
-z^-2/7 ·z^3/7

• A) z^6/7
• B) z^7/6
• C) z^1/7
• D) z^-1/7

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Definitions:

Required Reserve Ratio

The proportion of deposits that banks are required to hold in reserve and not lend out.

Required Reserve Ratio

The fraction of deposits that banks must hold in reserve, either in their vaults or with the central bank, to ensure bank liquidity.

Federal Funds Market

A financial market that allows banks to borrow or lend excess reserves to one another, usually on an overnight basis.

Liquidity

The simplicity of transforming an asset into cash without impacting its market value.