Multiple Choice
If the reserve ratio is 0.05, then the simple deposit multiplier is:
A) 10.
B) 5.
C) 2.
D) 20.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: The narrowest definition of the money supply
Q47: Many international trade contracts are denominated in
Q49: Gold is an example of:<br>A)commodity money.<br>B)fiat money.<br>C)barter
Q52: What a bank owes to someone else
Q53: In February 2016, which of the following
Q54: The Reserve Bank of Australia undertakes _
Q55: Paper currency:<br>A)is commodity money.<br>B)is fiat money.<br>C)is barter
Q56: Why is the real world deposit multiplier
Q76: During the German hyperinflation of the 1920s,the
Q113: An economy without money would have no