Use the Following to Answer Questions

question 466

Multiple Choice

Use the following to answer questions :
Scenario: Holding Cash
Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%. Banks hold no excess reserves. A customer deposits $6,000 in her checkable deposit.
-(Scenario: Holding Cash) Look at the scenario Holding Cash. The money multiplier is:

• A)2.
• B)greater than 5.
• C)5.
• D)less than 5.

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Definitions:

Combo Box

An interactive control found in user interfaces that allows the user to choose an item from a list or type a value.

List Box

A user interface element that displays a list of options from which a user can select one or more items.

Text Box

A GUI element that enables the user to input text information into a document, form, or web page.

Text Box Controls

UI elements within a software application that allow users to input text into a designated area.