Simplify the Fraction

question 315

Multiple Choice

Simplify the fraction. If the fraction is already simplified, so state.
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Definitions:

Money Supply

The total amount of money available in an economy at a particular time, including cash, coins, and balances held in checking and savings accounts.

Aggregate Demand

The summative desire for products and services within an economy, benchmarked at a constant price level over a set time frame.

Money Supply

The total funds available in an economy at a certain time, which include coins, cash, and deposits in checking and savings accounts.

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.