If the Required Reserve Ratio (RR)is 20 Percent,the Simple Deposit

question 75

Multiple Choice

If the required reserve ratio (RR) is 20 percent,the simple deposit multiplier is

• A)2.
• B)5.
• C)10.
• D)20.

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Definitions:

Existential Generalization

A logical operation that infers the existence of at least one member of a domain that satisfies a given predicate.

Existential Instantiation

A logical principle stating that the existence of at least one instance of a variable within a domain can be concluded from a statement asserting something about that variable.

Universal Instantiation

A logical rule used in deductive reasoning stating that what is true of all members of a class is true of any specific member.

Symbolize

To represent, stand for, or express something else, often abstract, through the use of symbols.