If Total Reserves for a Bank Are $12,000,excess Reserves Are

question 78

Multiple Choice

If total reserves for a bank are $12,000,excess reserves are $2,000,and demand deposits are $100,000,the money multiplier must be

• A)20.
• B)15.
• C)10.
• D)5.

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Definitions:

Information Flow

The movement or exchange of data, knowledge, and insights among people, processes, or systems within or across organizations.

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.

Obtaining Materials

The process of sourcing and procuring the raw materials needed for production or manufacturing.

Outsourcing

The practice of hiring third-party vendors to perform services or produce goods that were previously done internally, often to reduce costs.