Multiple Choice
Suppose r is the desired reserve-deposit ratio (R/D) and the money supply (M) consists of currency (C) and bank deposits (D) .Then,the money supply (M) will equal
A) C + R/r.
B) D + R/r.
C) R + C/r.
D) C - R/r.
E) C x R/r.
Correct Answer:
Verified
Correct Answer:
Verified
Q34: In response to the persistence of recessionary
Q35: Any asset used to make purchases is<br>A)
Q36: Barter is<br>A) the direct trade of goods
Q37: The quantity equation states that<br>A) Y =
Q38: The quantity equation states that money times
Q40: In Macroland,there is $2,000,000 in currency.The public
Q41: Commodity money refers to<br>A) gold.<br>B) silver.<br>C) fiat
Q42: The money supply in Macroland is currently
Q43: In Macroland,there is $10,000,000 in currency.The public
Q44: Use the information in the table below