Suppose You Found $2,000 Hidden in Your Mattress and Deposited

question 28

Multiple Choice

Suppose you found $2,000 hidden in your mattress and deposited it in a demand deposit account at your bank. If the reserve requirement was 25 percent, the deposit would directly create ____ in excess reserves and ultimately lead to a ____ total increase in the money supply, if all banks in the system lend out 100 percent of their excess reserves.

• A)​$2,000; $8,000
• B)​$2,000; $6,000
• C)​$1,500; $8,000
• D)​$1,500; $6,000

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Definitions:

Import Data

The process of bringing data from external sources into a software program or application for further use or analysis.

Redundant Data

Data that is duplicated or unnecessarily repeated within a dataset, often resulting in inefficiency.

Referential Integrity

A concept in database management that ensures relationships between tables remain consistent and that references are valid.

Access Import

The process of bringing data from various sources into a Microsoft Access database for further manipulation or analysis.