If the Currency Drain Ratio Is 0

question 244

Multiple Choice

If the currency drain ratio is 0.2 and the desired reserve ratio is 0.03,the money multiplier is

• A)0.76.
• B)6.67.
• C)3.23.
• D)4.46.
• E)5.22.

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Definitions:

Disenfranchised

Stripped of voting rights, either temporarily or permanently.

Totalitarian Government

A form of government that seeks to control all aspects of public and private life, often through coercion and repression.

Pluralistic Society

A society composed of diverse groups with different backgrounds, traditions, and beliefs, who coexist and interact within a common civilization.

Totalitarian

A form of government that seeks to control every aspect of public and private life.