Economics · Money and Banking
The reserve deposit ratio (rdr) refers to the ratio of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1High-powered money to total bank deposits
- 2Currency held by the public to aggregate money supply
- 3Total cash reserves kept by banks to total demand deposits✓
- 4Total bank credit to total demand deposits
Correct answer
Total cash reserves kept by banks to total demand deposits
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