Table 29-5 -Refer to Figure 29-5.If All Banks Hold Only the Required

question 239

Multiple Choice

Table 29-5

-Refer to Figure 29-5.If all banks hold only the required 4 percent of deposits as reserves,then what is the money multiplier?

• A)4
• B)16
• C)20
• D)25

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Definitions:

Mindfulness

A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting feelings, thoughts, and bodily sensations.

Highly Aware

The state of being exceptionally conscious or cognizant of one's surroundings, information, or changes.

Attentive

The quality of being alert and paying close attention to details, showing consideration for the needs and feelings of others.

Present

Pertaining to the current time or moment; being in the place under consideration.