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MMLU-Pro / 7345 / Suppose that in the banking system as a whole demand de-posits are equal to …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Suppose that in the banking system as a whole demand de-posits are equal to 80,000,000andreservesareequalto 80,000,000 and reserves are equal to 17,000,000 with a legal reserve ratio of 10%. If the Federal Reserve doubles the required ratio, by how much will the money-creating potential of the banking system as a whole drop?
Plain-text mathematical notation (without MathML)
Suppose that in the banking system as a whole demand de-posits are equal to 80,000,000andreservesareequalto 17,000,000 with a legal reserve ratio of 10%. If the Federal Reserve doubles the required ratio, by how much will the money-creating potential of the banking system as a whole drop?
Original LaTeX notation
Suppose that in the banking system as a whole demand de-posits are equal to $ 80,000,000 and reserves are equal to $ 17,000,000 with a legal reserve ratio of 10%. If the Federal Reserve doubles the required ratio, by how much will the money-creating potential of the banking system as a whole drop?

category

economics

options

  1. $ 70,000,000 to $ 35,000,000
  2. $ 60,000,000 to $ 20,000,000
  3. $80,000,000 to $0
  4. $80,000,000 to $25,000,000
  5. $100,000,000 to $8,500,000
  6. $ 80,000,000 to $ 10,000,000
  7. $ 90,000,000 to $ 5,000,000
  8. $85,000,000 to $15,000,000
  9. $75,000,000 to $17,000,000
  10. $65,000,000 to $30,000,000

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7345
task_id
7b747dad-68fe-51aa-820b-704fc2a27a51
task_key
default--test--7345
task_revision_id
1
config / split
default / test

Official source

initial import