There Is $5,000,000 of Currency in Econland,all Held by Banks

question 82

Multiple Choice

There is $5,000,000 of currency in Econland,all held by banks as reserves.The public does not hold any currency.If the banks' desired reserve-deposit ratio is 20%,then the money supply equals

• A) $5,000,000.
• B) $6,000,000.
• C) $10,000,000.
• D) $20,000,000.
• E) $25,000,000.

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Definitions:

Dislocated Shoulder

An injury where the top of the arm bone becomes displaced from its normal position in the shoulder socket.

Rotator Cuff

A group of muscles and tendons that surround the shoulder joint, keeping the head of your upper arm bone firmly within the shallow socket of the shoulder.

Adhesive Capsulitis

A condition also known as "frozen shoulder," characterized by stiffness and pain in the shoulder joint.

Joint Effusion

The presence of increased fluid within a joint capsule, often leading to swelling, pain, and reduced mobility.