Evaluate the Algebraic Expression for the Indicated Variable $$\frac { 8 x y + 75 } { x } \text { for } x = 5 , y = 7$$

question 297

Multiple Choice

Evaluate the algebraic expression for the indicated variable.
- $$\frac { 8 x y + 75 } { x } \text { for } x = 5 , y = 7$$

• A)23
• B)15
• C)131
• D)71

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Definitions:

Required Reserve Ratio

The fraction of deposits that banks are required to keep on hand and not lend out, as set by the central bank.

Discount Rate

The interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.

Required Reserve Ratio

The fraction of deposits that a bank is required by regulation to hold in reserve, either in its own vaults or with a central bank, and not lend out.

Money Supply

The sum of physical currency, demand deposits, savings, and other liquid assets in a country's economy.