Which of the Following Statements Is Correct

question 192

Multiple Choice

Which of the following statements is correct?

• A)required reserves = (total deposits)× (excess reserve ratio)
• B)required reserves = (total reserves)× (excess reserve ratio)
• C)required reserves = (total deposits)× (required reserve ratio)
• D)required reserves = (total deposits)÷ (required reserve ratio)
• E)required reserves = (total deposits)× (required reserve ratio)- excess reserves

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Definitions:

Charles Lyell

A geologist known for popularizing the concept of uniformitarianism, the idea that the earth’s features are the result of long-term processes that continue to operate in the present.

Nonreligious Theory

A theoretical approach or explanation that does not involve religious beliefs or supernatural elements.

Classification

The process of arranging or organizing items into categories based on their similarities or differences.

Identical Alleles

Identical alleles are two or more alleles of a gene that have the same DNA sequence and thus code for the same trait or characteristic in an organism.