Suppose the Banking System Has No Excess Reserves,a Reserve Requirement

question 330

Multiple Choice

Suppose the banking system has no excess reserves,a reserve requirement ratio of 10%,and $50 billion of required reserves.What is the total checkable deposits in the banking system?

• A)$50 billion
• B)$500 billion
• C)$450 billion
• D)$550 billion
• E)$650 billion

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Definitions:

Morphine Sulphate

A potent opiate analgesic medication used to relieve severe pain by acting directly on the central nervous system.

Intramuscular (IM)

Referring to the administration of medication directly into the muscle tissue.

Subcutaneously (SC)

Referring to the administration of medication or fluids into the tissue layer between the skin and the muscle.

Physical Restraint

The use of mechanical means or manual methods to limit a person's freedom of movement, typically to ensure safety.