Consider the Following Data About the Economy: Currency Outstanding (C)=

question 15

Multiple Choice

Consider the following data about the economy: currency outstanding (C) = $1 trillion, total deposits (D) = $750 billion, total reserves (R) = $76 billion, and the required reserve ratio (RR ratio) = 10%. What is the currency ratio in this economy?

• A)0.10
• B)0.50
• C)0.75
• D)1.33

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