biridianaisabep69s0d biridianaisabep69s0d
  • 19-10-2019
  • Social Studies
contestada

if the simple money multiplier is 10 what is the reserve ratio

Respuesta :

nuvalle
nuvalle nuvalle
  • 19-10-2019

Answer:

If, the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.

Explanation:

Answer Link

Otras preguntas

Which business did NOT survive the Great Depression? Select the best answer from the choices provided. OA. North Carolina Mutual Life Insurance Company OB. Bing
Hello. I'm not exactly quite getting the answer to this question in French."Quand les jeunes ont envie de danser,"This was the answer that I put down, but it sa
Warren runs races to support local charities. In April, he ran a 5-kilometer race in 30 minutes to support his local hospital. In October, he will run a 10-kilo
i need help with 3 & 4
Why did Paul Newman still feel concerned after the study of the ozone? А because the Montreal Protocol will change beginning next year B. because some places st
answer the question above
hi, I wanna know how yall doing today ??
why should we cast vote for the right person ? explain.​
13 pls pls pls help meeee!
Peter bought a pen for $120 and sold it to gain 20% on his cost price. How much did he gain?