If the Reserve Requirement Is 0

question 156

Multiple Choice

If the reserve requirement is 0.2 and demand deposits are $800 (assume no earlier loans) ,the banks can lend out

• A) $800
• B) $80
• C) $640
• D) $160
• E) $960

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Definitions:

Boxing

A process of converting a primitive type into its corresponding object type, enhancing the functionality of the primitive value by allowing it to interact with methods.

Unboxing

The automatic conversion of an object from a wrapper class (like Integer) to its corresponding primitive type (like int) in Java.

Package

In programming, a namespace that organizes classes and interfaces by functionality, making the code easier to manage and use.

Import Statement

The import statement in Java is used to bring in classes or entire packages, making them available to use in the code without needing to qualify names fully.