The Required Reserves of a Bank Equal Its ________ the Required

question 239

Multiple Choice

The required reserves of a bank equal its ________ the required reserve ratio.

• A)deposits divided by
• B)deposits multiplied by
• C)loans divided by
• D)loans multiplied by

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Definitions:

Western Federation of Miners

A labor union that organized mine workers and smelter workers in the Western United States from 1893 to 1916, known for its radical stance and militant activities.

Comstock Lode

A lode of silver ore located under the eastern slope of Mount Davidson, in Nevada, which was the first major discovery of silver ore in the United States, sparking a silver rush.

Mining Accident

A mining accident is an accident that occurs during the process of mining minerals. Thousands of miners die from mining accidents each year, especially in the process of coal and hard rock mining.

Mining Engineer

A mining engineer is a professional who applies engineering principles to the extraction of minerals from the earth, focusing on safe and efficient mining practices.