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MMLU-Pro / 6940 / Suppose that the public wishes to hold 15 percent of its total money balances as…

Problem

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question

Suppose that the public wishes to hold 15 percent of its total money balances as cash, the remainder in the form of bank deposits, and banks hold cash reserves equal to 12 per-cent of the deposits. What total amount of cash will be re-quired, for use both by the banks and the public, for a total money supply of $ 200 billion?

category

economics

options

  1. $ 100 billion
  2. $ 50.4 billion
  3. $ 170 billion
  4. $ 60 billion
  5. $ 30 billion
  6. $ 24 billion
  7. $ 42 billion
  8. $ 75 billion
  9. $ 20.4 billion
  10. $ 36 billion

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
6940
task_id
8bc82ee5-71a6-5b4c-8268-c589061849a0
task_key
default--test--6940
task_revision_id
1
config / split
default / test

Official source

initial import