The Total Amount of Required Reserves in the Banking System

question 51

Multiple Choice

The total amount of required reserves in the banking system is equal to the ________ the required reserve ratio and checkable deposits.

• A)sum of
• B)difference between
• C)product of
• D)ratio between

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Definitions:

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Experimental Validity

The extent to which a study accurately reflects or assesses the specific concept that the researcher is attempting to measure.