In a Fractional-Reserve Banking System,the Reserve-Deposit Ratio Is

question 70

Multiple Choice

In a fractional-reserve banking system,the reserve-deposit ratio is

• A) equal to the currency in bank vaults.
• B) equal to the currency held by the public divided by deposits.
• C) equal to 100%.
• D) less than 100%.
• E) more than 100%.

---

Definitions:

\(3y\)

An algebraic expression representing thrice the variable y.

\(z\)

Often used to represent a complex number in the form of \(z = a + bi\), where \(a\) and \(b\) are real numbers and \(i\) is the imaginary unit.

Coefficient

A coefficient is a numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., 4 in 4x).

Binomial

A polynomial with exactly two terms.