If the Required Reserve Ratio Is One-Third,currency in Circulation Is

question 195

Multiple Choice

If the required reserve ratio is one-third,currency in circulation is $300 billion,and checkable deposits are $900 billion,then the currency-deposit ratio is

• A)0.25.
• B)0.33.
• C)0.67.
• D)0.375.

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A formatting option that centers the content vertically within its container or page.

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