If Individuals Do Not Hold Checkable Deposits,we Know That

question 59

Multiple Choice

If individuals do not hold checkable deposits,we know that

• A)M = CU.
• B)H = CU.
• C)the money multiplier is 1.
• D)all of the above

---

Definitions:

Financing Section

Part of a cash flow statement that shows cash inflows and outflows related to debt, equity, and other financing activities.

Statement of Cash Flows

A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, financing, and investing activities.

Retained Earnings

The portion of a company's profits that are kept or retained within the company instead of being paid out to shareholders as dividends, often used for reinvestment.

Fiscal Year

A fiscal year is a 12-month period that companies and governments use for accounting and budget purposes, which may or may not align with the calendar year.