In a Deposits-Only Monetary System with a 5% Required Reserve

question 387

Multiple Choice

In a deposits-only monetary system with a 5% required reserve ratio, a bank deposit of $1,000 will increase the total amount of bank deposits by:

• A)$5,000.
• B)$10,000.
• C)$20,000.
• D)$50,000.

---

Definitions:

IBM Watson

An AI platform by IBM that enables complex data analysis and insights, often used in various industries for decision-making.

Internet of Things (IoT)

A network of interconnected devices that can collect and exchange data, enabling smarter and more efficient operations through automation.

Supply Chain Analytic Devices

Tools and systems used for extracting, analyzing, and interpreting data to improve decision-making throughout the supply chain.

Seven Principles

Often refers to foundational guidelines or core tenets that drive a methodology, strategy, or approach in various fields.