If the Required Reserve Ratio Is One-Third,currency in Circulation Is

question 31

Multiple Choice

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

• A)$2,700
• B)$3,000
• C)$1,200
• D)$1,800

---

Definitions:

Verbal Responses

The spoken answers or reactions of a person, which are used to assess their cognitive and psychological state.

Patient's Narrative

A patient's account of their illness and experiences, often used in medical contexts to understand their health-related issues better.

Health Care Provider's Perspective

The viewpoint or approach taken by medical professionals and caregivers in the treatment and management of patient care.

Communication

The act or process of exchanging information, thoughts, messages, or speech, either verbally or non-verbally.