Solved

In the United Kingdom, the Currency Drain Ratio Is 38

Question 42

Multiple Choice

In the United Kingdom, the currency drain ratio is 38 percent of deposits and the reserve ratio is 2 percent of deposits.The U.K.money multiplier is

A) 2.50.
B) 3.61.
C) 3.45.
D) 0.38.
E) 2.55.

Related Questions

Q37: Use the figure below to answer the

Q38: Which one of the following is most

Q39: Which one of the following will shift

Q40: Which one of the following is not

Q41: Which of the following is a function

Q43: When the nominal interest rate rises, the

Q44: The amount of real money people want

Q45: A bank can create money by<br>A)converting reserves

Q46: Which one of the following is not

Q47: Without money to act as a medium