The Ratio of the Money Supply to the Monetary Base

question 21

Multiple Choice

The ratio of the money supply to the monetary base is called the:

• A)currency-deposit ratio.
• B)reserve-deposit ratio.
• C)high-powered money.
• D)money multiplier.

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Definitions:

Assumption of the Risk

A legal doctrine where an individual knowingly and voluntarily assumes the risk of an activity, thereby reducing the liability of others.

Demurrer

A legal objection that an opponent's point is irrelevant or invalid, while conceding the factual basis of the point.

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