If the Simple Money Multiplier Is 5,the Required Reserve Ratio

question 43

Multiple Choice

If the simple money multiplier is 5,the required reserve ratio must be

• A)5 percent
• B)0
• C)10 percent
• D)50 percent
• E)20 percent

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Definitions:

Maintenance

The routine activities required to keep a machine, system, or facility operating efficiently and to prevent any unexpected failures.

Reliability

The likelihood that a system or component will perform its required functions for a specified period under stated conditions.

Components

Individual parts or elements that combine or work together within a larger product, system, or mechanism.

Series

A sequence of numbers, objects, or events arranged in a specific order and often following a specific rule.