Which Fraction Is Expressed as Its Lowest Common Denominator

question 10

Multiple Choice

Which fraction is expressed as its lowest common denominator?

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Definitions:

Money Supply

All monetary resources that are accessible in an economy at a particular timeframe, including but not limited to cash, coins, and the deposits in checking and savings accounts.

U.S. Government Securities

Financial instruments issued by the U.S. Department of the Treasury, including bonds, notes, and bills, used to fund federal government activities.

Excess Reserves

Funds held by banks over and above the legally mandated reserve requirement.

Required Reserves

The minimum amount of funds that a bank is required by regulation to hold in reserve against deposits made by customers.