If the Required Reserve Ratio Is 10 Percent,currency in Circulation

question 193

Multiple Choice

If the required reserve ratio is 10 percent,currency in circulation is $400 billion,checkable deposits are $1,000 billion,and excess reserves total $1 billion,then the excess reserves-checkable deposit ratio is

• A)0.01.
• B)0.10.
• C)0.001.
• D)0.05.

---

Definitions:

Right Parietal Lobe

Part of the brain located on the right side of the parietal cortex, important for processing sensory information and spatial orientation.

Primary Motor Cortex

The primary motor cortex is a region of the brain's cerebral cortex involved in planning, controlling, and executing voluntary movements.

Largest Area

A term that can refer to the area with the greatest extent or size in a given context, such as the largest geographic area of a country or the largest surface area of a solid object.

Representation

The action of speaking or acting on behalf of someone or the depiction of something in a particular way.