Use the Following to Answer Questions

question 32

Multiple Choice

Use the following to answer questions:
-(Scenario: Assets and Liabilities of the Banking System) Look at the scenario Assets and Liabilities of the Banking System. If the reserve ratio is 6% and the banking system does NOT want to hold excess reserves, how much more can be added to the money supply?

• A)about $667,000
• B)about $111,000
• C)$250,000
• D)$1 million

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Definitions:

Buying Center Role(s)

The different positions or functions individuals within an organization assume during the process of buying or purchasing.

Pharmaceutical Sales Representatives

Professionals who market prescription drugs and medical equipment to healthcare providers on behalf of pharmaceutical companies.

Company Car

A vehicle provided by an employer for the business and sometimes personal use of its employees.

Information Search

The process consumers engage in to gather information about products or services to make an informed purchase decision.