The growth in the level of electronic transactions has led to an increased ability for banks to predict the amount of cash they have on reserve.
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Q5: The money multiplier is the reciprocal of
Q6: Monetary policy seeks to affect all interest
Q7: Money is:
A)equivalent to income
B)equivalent to wealth
C)an asset
Q8: Cigarettes were used as a currency not
Q9: Modern banking systems have reserve-deposit ratios of
Q11: The Reserve Bank can affect the money
Q12: A relatively narrow measure of money is
Q13: Banks attempt to hold as much reserves
Q14: Money is the set of assets in
Q15: A medium of exchange is an item
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