If the Required Reserve Ratio Is One-Third,currency in Circulation Is

question 195

Multiple Choice

If the required reserve ratio is one-third,currency in circulation is $300 billion,and checkable deposits are $900 billion,then the currency-deposit ratio is

• A)0.25.
• B)0.33.
• C)0.67.
• D)0.375.

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Definitions:

Meiosis

A type of cell division that results in four daughter cells each with half the number of chromosomes of the parent cell, essential for sexual reproduction.

Sex Cell

A type of reproductive cell in an organism that unites with another from the opposite sex (or mating type) to form a new individual.

Segregation

The enforced separation of different racial or social groups within a community, institution, or country, leading to inequality.

Law of Segregation

A fundamental principle of genetics stating that during the formation of gametes, the two alleles responsible for a trait separate, allowing each parent to contribute one allele.