In the Simple Model of Multiple Deposit Creation in Which

question 57

Multiple Choice

In the simple model of multiple deposit creation in which banks do not hold excess reserves,the increase in checkable deposits equals the product of the change in reserves and the

• A)reciprocal of the excess reserve ratio.
• B)simple deposit expansion multiplier.
• C)reciprocal of the simple deposit multiplier.
• D)discount rate.

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Definitions:

Contraindicated

A condition or factor that serves as a reason to withhold a certain medical treatment due to the harm that it would cause the patient.

Leg Trauma

Physical injury or damage to the leg resulting from an external force.

Rhonchi

A coarse, rattling respiratory sound somewhat resembling snoring, usually caused by obstruction or secretion in the larger airways.

Low-pitched

Describes a sound that is deep and has a frequency at the lower end of the hearing range.