If R Represents the Reserve Ratio for All Banks in the Economy,then

question 30

Multiple Choice

If R represents the reserve ratio for all banks in the economy,then the money multiplier is

• A)1/(1-R).
• B)1/R.
• C)1/(1+R).
• D)(1+R)/R.

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Definitions:

Heritability

A statistic used to estimate what percentage of the variation in a trait within a population is due to genetic differences among those individuals.

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A measure of a person's intellectual abilities in relation to the average performance of individuals in the same age group.