If the Required Reserve Ratio Is 10 Percent,currency in Circulation

question 159

Multiple Choice

If the required reserve ratio is 10 percent,currency in circulation is $400 billion,checkable deposits are $800 billion,and excess reserves total $0.8 billion,then the M1 money multiplier is

• A)2.5.
• B)1.67.
• C)2.0.
• D)0.601.

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Definitions:

Election Impropriety

Any action or behavior associated with voting or electoral processes that is considered dishonest, illegal, or morally wrong.

Political Theft

Acts of theft or embezzlement committed within or against a governmental or political entity, often motivated by ideological reasons or personal gain.

Deviant Motivation

The drive or desire to engage in behavior that deviates from societal norms or expectations.

Deviant Opportunity

The chance or circumstances that enable or encourage individuals to engage in non-normative or socially unacceptable behaviors.