The demand deposit expansion multiplier is determined by______.

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问题 The demand deposit expansion multiplier is determined by______.

选项 A、the amount of excess reserves in the banking system
B、the ratio of bank assets to bank liabilities
C、the prime rate of interest
D、the required reserve ratio

答案D

解析 答案为D项。存款乘数是法定存款准备金比率的倒数。故本题选D项。
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