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The Formula That Links Checkable Deposits to the Monetary Base m=1rr+e+c \mathrm{m}=\frac{1}{\mathrm{rr}+\mathrm{e}+\mathrm{c}}

Question 147

Multiple Choice

The formula that links checkable deposits to the monetary base is


A) m=1rr+e+c \mathrm{m}=\frac{1}{\mathrm{rr}+\mathrm{e}+\mathrm{c}} .
B) M=1rr+e+c M=\frac{1}{r r+e+c} .
C) M=1+crr+e+c \mathrm{M}=\frac{1+\mathrm{c}}{\mathrm{rr}+\mathrm{e}+\mathrm{c}} .
D) D=1rr+e+c \mathrm{D}=\frac{1}{\mathrm{rr}+\mathrm{e}+\mathrm{c}} .
E) D=1rr+e+c×MB \mathrm{D}=\frac{1}{\mathrm{rr}+\mathrm{e}+\mathrm{c}} \times \mathrm{MB} .

Correct Answer:

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