The Ratio of the Money Supply to the Monetary Base

question 24

Multiple Choice

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

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

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Definitions:

U.S.S. Maine

An American naval ship that sank in Havana Harbor in February 1898, leading to the Spanish-American War due to suspicions of Spanish foul play.

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Organizations and groups formed largely by women, aiming to promote social reforms, education, and community development.

Temperance Associations

Organizations dedicated to promoting moderation or the complete abstinence from alcoholic beverages.

Social Reform

Efforts aimed at making structural changes to society in order to correct injustices and inequalities, often involving legislative, social, or economic changes.