Suppose the Fed buys $10 million in government securities from a commercial bank. If the required reserve ratio is 0.25, what is

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问题 Suppose the Fed buys $10 million in government securities from a commercial bank. If the required reserve ratio is 0.25, what is the maximum amount by which checkable deposits in the banking system can change?______.

选项 A、+$10 000 000
B、+$25 000 000
C、+$40 000 000
D、-$40 000 000

答案C

解析 答案为C项。根据题意,银行系统所能创造的最大存款金额=$10 million×1/0.25=$40million,故选C项。
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