Simon Was a

question 72

Multiple Choice

Simon was a

• A) officer in the Athenian army
• B) cobbler
• C) stonemason
• D) shield-maker

Understand how to manipulate and extract specific components (seconds, minutes, hours, month number) from time and date values in Excel.

Learn to round numbers, including times to the nearest specified interval, and understand rounding functions (ROUND, ROUNDDOWN, ROUNDUP).

Know how to control the calculation options in Excel, including manual and automatic updates of formulas.

Understand how to use the COUNT function and its variations to count cells based on different criteria.

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Definitions:

Money Multiplier

The ratio of the amount of deposits created by banks to the amount of the central bank's monetary base that has been injected into the economy.

100-percent-reserve Banking

A banking system in which banks keep the full amount of their depositors' funds in reserve, meaning they do not loan out any of the deposits but instead hold 100% of deposited money.

Money Supply

The total amount of currency and monetary assets within an economy at a specific time.

Reserve Requirements

Regulations set by central banks determining the minimum amount of reserves that banks must hold against deposits, used to control the money supply.