If the Desired Reserve Ratio Is 15 Percent and a Customer

question 153

Multiple Choice

If the desired reserve ratio is 15 percent and a customer makes a new cash deposit of $50 000,how much new excess reserves are created?

• A)$7500
• B)roughly $33 000
• C)$67 500
• D)$42 500

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Definitions:

Complementary Nucleotide Sequences

refer to sequences of DNA or RNA where each nucleotide is matched by a specific partner: adenine with thymine (or uracil in RNA) and cytosine with guanine.

Cloned Genes

Refers to copies of a gene that have been produced identical to the original sequence, often used for research or genetic modification.

DNA Polymerase

An enzyme that plays a crucial role in DNA replication, helping to add nucleotides to a strand of DNA.

Modified Nucleotide

A nucleotide (building block of DNA and RNA) that has been chemically altered to have different properties than its standard form.