The Reciprocal of the Reserve Requirement Is Called The

question 97

Multiple Choice

The reciprocal of the reserve requirement is called the:

• A)spending multiplier.
• B)tax multiplier.
• C)lending multiplier.
• D)deposit expansion multiplier.
• E)excess reserve multiplier.

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Definitions:

Series

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

Parallel

Concurrent or simultaneous; in computing, refers to processes that are executed at the same time.

Pickering Nuclear

A nuclear power plant located on the north shore of Lake Ontario in Pickering, Ontario, Canada.

Vacuum Building

A specially designed structure within nuclear power plants meant to contain radioactive substances in case of any leakage or accident.