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Problem

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

question

Suppose $ 100 is deposited into a bank. If the required re-serve ratio is 100%, what is the demand deposit multiplier and what is the total addition to demand deposits of the banking system resulting from the initial deposit?

category

economics

options

  1. 3 and $300
  2. 0.8 and $80
  3. 1.25 and $125
  4. 1.5 and $150
  5. 2 and $300
  6. 2 and $200
  7. 0.5 and $150
  8. 1 and $200
  9. 0.5 and $50
  10. 1 and $100

src

stemez-Economics

Discussion

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Source and history

upstream_id / Original problem ID
7393
task_id
f40ac63d-a545-55e8-8f23-4faf8bbd08d9
task_key
default--test--7393
task_revision_id
1
config / split
default / test

Official source

initial import