Simple money multiplier is the reciprocal of the ________
a. discount rate
b. lending interest rate
c. required reserve ratio
d. deposit rate
c
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Which of the following statements is true?
A) If a bank lends a sum of $600 to a firm, the sum is a part of the bank's liability. B) If a bank lends a sum of $200 to a household, the sum is a part of the bank's liability. C) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's assets. D) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's liability.
A trust that is the legal owner of a life insurance policy is
A. a policy holder. B. an insurance trust. C. a trust fund. D. none of these answer options are correct.
The Celler-Kefauver Act is primarily concerned with prohibiting:
a. monopolization. b. unfair business practices. c. predatory pricing. d. anticompetitive mergers.
Discuss the problems associated with the Bretton Woods system.
What will be an ideal response?