QUESTION 11 11. Assuming a required reserve ratio of 10%, the simple money multiplier is QUESTION 12 12. Assuming a required reserve ratio of 20%, the simple money multiplier is QUESTION 13 13. Assuming a required reserve ratio of 5%, the simple money multiplier is QUESTION 14 14. What assets count as reserves in the American banking system? a) Government securities or bonds b) Gold c) Federal Reserve banknotes in the private bank vault d) Private Corporation bonds e) Certificates of Deposit f) Balance in the private bank's account at the Federal Reserve Bank. g) U. S. Treasury Gold Certificates.
QUESTION 11 11. Assuming a required reserve ratio of 10%, the simple money multiplier is QUESTION 12 12. Assuming a required reserve ratio of 20%, the simple money multiplier is QUESTION 13 13. Assuming a required reserve ratio of 5%, the simple money multiplier is QUESTION 14 14. What assets count as reserves in the American banking system? a) Government securities or bonds b) Gold c) Federal Reserve banknotes in the private bank vault d) Private Corporation bonds e) Certificates of Deposit f) Balance in the private bank's account at the Federal Reserve Bank. g) U. S. Treasury Gold Certificates.
Chapter15: Money Creation
Section: Chapter Questions
Problem 15SQ
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Transcribed Image Text:QUESTION 11
11. Assuming a required reserve ratio of 10%, the simple money multiplier is
QUESTION 12
12. Assuming a required reserve ratio of 20%, the simple money multiplier is
QUESTION 13
13. Assuming a required reserve ratio of 5%, the simple money multiplier is
QUESTION 14
14. What assets count as reserves in the American banking system?
a) Government securities or bonds
b) Gold
c) Federal Reserve banknotes in the private bank vault
d) Private Corporation bonds
e) Certificates of Deposit
f) Balance in the private bank's account at the Federal Reserve Bank.
g) U. S. Treasury Gold Certificates.
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