Table 141
Monetary Aggregates of the U

question 40

Multiple Choice

$\begin{array}{|l|r|}\hline {\text { Item }} & \text { Amount } \\\hline \text { Cash held by public } & \$ 250 \text { billion } \\\hline \text { Transactions deposits } & \$ 1,000 \text { billion } \\\hline \text { Required reserves } & \$ 150 \text { billion } \\\hline \text { Excess reserves } & \$ \quad 0 \text { billion } \\\hline \text { U.S. bonds held by public } & \$ 1,000 \text { billion } \\\hline\end{array}$
Table 14.1
Monetary Aggregates of the U.S. Financial System Assume an original balance sheet: On the basis of the information in Table 14.1,the required reserve ratio is

• A)6.5 percent.
• B)10.0 percent.
• C)15.0 percent.
• D)20.0 percent.

---

Definitions:

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives to focus efforts towards achieving them.

Career Management System

A structured approach to planning, managing, and developing an individual's career path and growth within or across organizations.

Sabbatical

A period of paid or unpaid leave granted to a university teacher or other worker for study or travel, traditionally every seventh year.

Sabbatical

A period of leave granted to an employee, often for research or study, which is considerably longer than typical vacation time.