If the Desired Reserve Ratio Is 15 Percent,then for Every

question 333

Multiple Choice

If the desired reserve ratio is 15 percent,then for every dollar that is deposited in the bank,the bank will

• A)keep 15 cents as reserves.
• B)keep 85 cents as reserves.
• C)keep 85 cents as reserves and loan 85 cents.
• D)loan 15 cents.
• E)keep 15 cents as reserves and loan 15 cents.

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Definitions:

Mean Earnings

The average income earned by an individual, group, or population within a specified time period, calculated by dividing the total income by the number of earners.

Human Capital

The collective skills, knowledge, and experiences of an organization's or society's workforce, considered as an asset or economic value.

Employment Discrimination

The unfair treatment of employees or job applicants based on characteristics such as race, gender, or age, rather than job performance or qualifications.

Productivity

The measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.