Solved

If the Currency Drain Ratio Is 0

Question 26

Multiple Choice

If the currency drain ratio is 0.2 and the desired reserve ratio is 0.03, the money multiplier is

A) 3.23.
B) 4.46.
C) 5.22.
D) 0.76.
E) 6.67.

Related Questions

Q21: <span class="ql-formula" data-value="\begin{array} { l c }

Q22: Which of the following is NOT one

Q23: The Fed is a central bank and

Q24: C/D is the currency drain ratio

Q25: Which of the following are assets of

Q27: A bank has $200 of reserves and

Q28: Which of the following is NOT held

Q29: When we put a price tag on

Q30: Which of the following is a thrift

Q31: If the desired reserve ratio increases, then A)banks