DSE 21-31

The following table shows the monetary data of a country.

Which of the following statements are correct?

(1) Monetary base is $100 million.

(2) Actual reserves are $40 million.

(3) The maximum amount of deposits after credit creation is $250 million.

A. (1) and (2) only

B. (1) and (3) only

C. (2) and (3) only

D. (1), (2) and (3)