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If the Desired Reserve Ratio Is One-Third, Currency in Circulation

question 75

Multiple Choice

If the desired reserve ratio is one-third, currency in circulation is $300 billion, and chequable deposits are $900 billion, then the money supply is ________.

Examine the economic analysis of discrimination in the labor market and its impact on wages and hiring practices.
Understand the concept of human capital and its accumulation.
Identify the factors contributing to wage differences among workers.
Recognize the role of compensating differentials in the labor market.

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