The reserve-deposit ratio change from 0.5 to 0.2. What is the change of the currency-deposit ratio?A.1B.1/4C.3/4D.0.8
Question
The reserve-deposit ratio change from 0.5 to 0.2. What is the change of the currency-deposit ratio?A.1B.1/4C.3/4D.0.8
Solution
The question does not provide enough information to determine the change in the currency-deposit ratio. The reserve-deposit ratio and the currency-deposit ratio are not directly related. Therefore, without additional information, we cannot determine the change in the currency-deposit ratio based on the change in the reserve-deposit ratio.
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