Answer the Question on the Basis of the Following Information

question 77

Multiple Choice

Answer the question on the basis of the following information about a banking system: new currency deposited in the system = $40 billion;legal reserve ratio = 0.20;excess reserves prior to the currency deposit = $0. Refer to the information.The $40 billion deposit of new currency will support total checkable deposits of:

• A) $160 billion.
• B) $200 billion.
• C) $40 billion.
• D) $128 billion.

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Digital Means

Utilizing electronic technology and the internet to perform tasks, communicate, or access information.

Technology Budgets

Allocations of financial resources dedicated to the acquisition, maintenance, and upgrade of technological tools and infrastructure in educational settings.

Educational Delivery

The methods and processes through which educational content is provided to learners.

Homework Calendars

Tools used by educators and students to organize and plan out homework assignments over a period, usually a month, to manage time effectively.