If Bank Reserves Are 200,the Public Holds 400 in Currency,and

question 17

Multiple Choice

If bank reserves are 200,the public holds 400 in currency,and the desired reserve-deposit ratio is 20%,deposits are ________ and the money supply is ________.

• A) 200;600
• B) 400;800
• C) 600;1,000
• D) 1,000;1,400
• E) 2,400;2,800

---

Definitions:

Gouty Arthritis

A form of arthritis characterized by sudden, severe attacks of pain, swelling, and redness in the joints, often at the base of the big toe, caused by elevated levels of uric acid.

Uric Acid

A waste product found in blood, arising from the breakdown of cells and foods rich in purines, affecting gout if levels are high.

Mg/dL

Milligrams per deciliter, a unit of measurement commonly used in medicine to express the concentration of substances in the blood.

Fasting

Abstinence from all or some kinds of food or drink, often for a period of time for health or religious reasons.