The Central Bank of Westeros increased the monetary base by \[20\%\]. As a result, the money supply increased by \[60\%\]. What is the money multiplier in Westeros? Choose 1 answer: Choose 1 answer: (Choice A) This cannot be determined without knowing the reserve requirement. A This cannot be determined without knowing the reserve requirement. (Choice B) \[\dfrac{1}{3}\] B \[\dfrac{1}{3}\] (Choice C) \[-20\%\] C \[-20\%\] (Choice D) \[40\%\] D \[40\%\] (Choice E) \[3\] E \[3\]Which of the following best defines money? Choose 1 answer: Choose 1 answer: (Choice A) Cash held in bank vaults A Cash held in bank vaults (Choice B) Currency that has intrinsic value, such as gold coins B Currency that has intrinsic value, such as gold coins (Choice C) Paper currency or coins C Paper currency or coins (Choice D) Any asset that is accepted as a way of paying for something D Any asset that is accepted as a way of paying for something (Choice E) Paper currency or coins that are backed in value by gold E Paper currency or coins that are backed in value by gold