If Total Reserves for a Bank Are $150,000,excess Reserves Are

question 8

Multiple Choice

If total reserves for a bank are $150,000,excess reserves are zero,and demand deposits are $1,000,000,then the money multiplier must be:

• A) 0.15.
• B) 1.50.
• C) 6.67.
• D) 20.00

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Definitions:

Specific Protein

A protein with a unique structure and function, distinguishing it from other proteins by its specific biological activity or regulatory role.

Amino Acids

Organic molecules that form the basis of proteins, featuring both amino and carboxylic acid functional groups.

Bacillus Thuringiensis

A naturally occurring bacterium commonly used as a biological pesticide due to its ability to produce proteins that are toxic to many insect larvae.

Bt-Corn

Genetically modified corn that has been engineered to produce a bacterium toxin (Bacillus thuringiensis) to kill insect pests.