The Currency Deposit Ratio,c,is 0

question 83

Multiple Choice

The currency deposit ratio,c,is 0.10.The reserve requirement,rr,is 0.08.The excess reserve ratio,e,is 0.05.What is the size of the money multiplier?

• A)4.70
• B)4.78
• C)4.75
• D)4.00

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Definitions:

Competition

The rivalry among businesses to attract customers and achieve market share.

Competitive Analysis

is the process of understanding competitors' strategies, strengths, and weaknesses to improve one's position in the market.

Comparison

Comparison is the act of evaluating two or more items, ideas, or situations to identify similarities and differences.

Competitive Advantage

A unique attribute or ability a company has that enables it to outperform its competitors.