If Reserves in the Banking System Increase by $100,then Checkable

question 109

Multiple Choice

If reserves in the banking system increase by $100,then checkable deposits will increase by $2,000 in the simple model of deposit creation when the required reserve ratio is

• A)0.01.
• B)0.05.
• C)0.10.
• D)0.20.

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Definitions:

Symbolic Culture

The aspects of culture that exist in non-material forms such as language, norms, values, and beliefs.

Symbolic Culture

The aspect of culture that involves the use of symbols, including language, to convey meaning, objects, and ideas.

Values

Core beliefs or standards that guide behavior and judgment.

Norms

Established standards of behavior maintained by a society or group that guide the actions of its members.