If the Reserve Requirement Is 33

question 42

Multiple Choice

If the reserve requirement is 33.3 percent, what is the approximate value of deposit expansion multiplier?

• A)3.33
• B)3
• C)0.33
• D)0.667
• E)1.5

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Definitions:

Empathy

The ability to understand and share the feelings of another person.

Social Interaction

The process by which individuals act and react in relation to others, forming the basis of social relationships and society.

Instrumental Communication

Communication that is directed toward completion of tasks or the achievement of specific objectives.

Ends in Themselves

A concept in moral philosophy, often associated with Immanuel Kant, that individuals or beings have an intrinsic value and should not be used merely as means to an end by others.