Under Required Reserves of 20%,the Maximum to Which the Money

question 26

Multiple Choice

Under required reserves of 20%,the maximum to which the money supply could be expanded by the banking system is:

• A)four times a new primary deposit
• B)five times a new primary deposit
• C)six times a new primary deposit
• D)until all of a new primary deposit has been converted to required reserves

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Definitions:

Dependent Variable

The variable in an experiment that is observed and measured to determine the effect of the independent variable.

Mixed Seeds

are a combination of different types of seeds, often used in agriculture or gardening to produce a variety of plants or as a food source for birds and other animals.

Genetic Differences

Variations in the genes among individuals or populations which contribute to their unique physical or behavioral characteristics.

Within-group Heritability

The proportion of variance in a trait within a specific group that can be attributed to genetic differences among individuals within that group.