Suppose you found 1,000 hidden in your mattress and deposited it in a demand deposit account at your bank. If the reserve requirement was 20 percent, the deposit would directly create ____ in excess reserves and ultimately lead to a ____ total increase in the money supply, if all banks in the system lend out 100 percent of their excess reserves.
a. 800; 4,000
b. 800; 5,000
c. 1,000; 4,000
d. 1,000; 5,000
Question 2
The introduction of a new currency is generally sufficient to achieve a permanent reduction in the inflation rate.
a. True
b. False
Indicate whether the statement is true or false
The calcaneus spur found on the male's hind limb is used to deliver venom.
An example of the front and back sides of a deposit slip.
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