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:

Extraverted Person

An extraverted person is someone who is outgoing, sociable, and thrives in social settings, often feeling energized by interactions with others.

Paradigm

A typical example or pattern of something; a model or framework that sets the standard for others to follow.

Pessimism

A tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Cultural Construals

The ways in which individual perceptions and understandings of the world are shaped by cultural context and influences.