The formula that links checkable deposits to the monetary base is

The formula that links checkable deposits to the monetary base is

The formula that links checkable deposits to the monetary base is




A) m = 1/(rr+e+c)
B) M = 1/(rr+e+c)
C) M = 1+c/(rr+e+c)
D) D = 1/(rr+e+c)
E) D = 1/(rr+e+c) × MB.



Answer: E